Worth 2k now, sold a bit to cover the cost of the phone.
What ever happened that Trump fanboy who said Trump was going to make us all rich ?
Gone back to Russia id say
You're not rich? 🙃
I'm no Tr*mp supporter but this is a very typical NPC response. Don't be that guy, Enda. 😉
A mega sale on right now, or should I say maga sale 🤣
.….
Are we getting excited again yet? Or is this just the built in March bounce and we'll be back down through the summer
I picked up some Sol, Avalanche and Near. Some other alts too. I’m avoiding anything that isn’t at least 60% unlocked. Hype with its talk of buybacks is only 25% unlocked with 4% burned, not worth it.
Some signs of life?
Exciting bit of news that as flown under the radar, Google put out a statement in which they all but say they have technology that has cracked the encryption of crypto, they will sit on it and not release it until 2029 to give the crypto world time to to implement quantum computing resistant encryption.
The traditional banking systems are no where near a secure as encryption on blockchains that scale. If they had the technology surly they could prove it. How secured do you think your Gmail account is?
They did announce it yesterday, 9 minute to crack crypto encryption, going to sit on it until 2029 give time for new encryption to roll out.
If the gmail of Kash Patel the head of the FBI can be hacked i guess we are all hackable.
I'd seriously doubt they've cracked SHA-256. That would be in mainstream news. Maybe they're saying that by 2029 Quantum computers might be able to crack it
Interesting Bankless Podcast on this matter with Nic Carter
https://youtu.be/IoeiFtkkkzI?si=TO8icMLWz7-sEe4o
There does not need to be…. all that is needed is for the 90m who could not be bothered to turn do the same again or perhaps even more join them. With only two options, Americans have gotten into the habit of not voting rather than voting for the opposite side.
That post is nearly a year old and Musk forgot about that crap 10 minutes after he posted it.
Any recommendations to buy, just looked at my portfolio now and it's grim viewing.
I remember thinking this a lot of times before and should have bought while cheap but never bothered so maybe this will be the time or even DCA bitcoin?
And this is only my 5th year holding :)
Saylor suddenly selling a relatively small batch of btc to 'cover the dividend'. An interesting development, is he really offsetting future market shock at the prospect or is there trouble in paradise?
It's a bit of a bloodbath at the minute, my Lunc is up nearly 75% year on year which follows the pattern of it doing to complete opposite of everything else. I got in on CL8Y at launch, going to hold for a while but it looks reasonably stable. I've converted about 500,000 USTC to UST1 which is a longer term punt.
Everything else is cack and I got out of SOL a while back once I realised the $hitcoin epidemic was going to ruin the entire ecosystem. I've taken whatever profits I could and moved back towards BTC, ETH, XRP and BNB, with a little here and there on a few others.
I see people going on about alt season etc, I don't think we will see this again considering how much institutional money is in the game now.
Over half of all transactions happen on Sol. Usdc is all happening on Sol because of cheap fees, as have multiple payment platforms migrating over to it. It’s going to recover, easy 3x there over the next year.
I don’t know why you still have luna, that crap is dead. You’re playing the lottery holding their unstable coins and you can’t out trade bots.
Because I'm a gambling man and I bought Luna Classic at the absolute bottom, roughly $0.000006, I'd say I bought around $800 worth so unless it completely crashes, I'm up. It's a high risk gamble but the smallest in my portfolio. I'm still wary of sol because the pump.fun stuff certainly tainted it in my eyes, although I do like the transaction speeds.
XRP has been fairly dead since the Feb slump? lots of people talking about it “breaking out” - but it never goes anywhere. Seems a riskier bet than BTC or ETH (both in a small dip now).
You could look at the charts, history is the greatest indicator in this space(contrary to stock advice) XRP will go sideways for 2 years most likely. Bitcoin to 50k(euro) and Eth to 1200(euro) or lower is my best guess, unless the fantasy drivel about 'institutions' actually plays out
Institutions are exactly why we don't see any big alt runs anymore, I don't see BTC dropping as much either and everything will be more sideways, slow growth as a result of institutional investing. That and global instability.
Maybe so, I'm simply gauging interest levels in general seem to have plummeted. Those people, your mate's Aunt buying loads of ripple, I don't hear those stories anymore. Having come from a background within one of the original institutions in the space, the focus was 'custodial' care, never ownership. I'm also of a contrarian minority view that it's actually going to make lower highs in the next cycle or two which will signal the eventual death knell of the whole space
Still money to be made on privacy coins, zcash, dash and monero have run, it might be beldex, Decred and even rose next (one of dirks, chain rather than privacy coins). Still space for more on near too, that’s what zcash runs on now.
The math of finance is very seductive, but the reality is that you can't model human behaviour and may a protfolio was wiped out trying to do it. And as for institutions, most people playing with crypto have never met an institutional dealer in their lives, they have no idea what we allow them do nor even why they execute the transactions they do. Almost all transactions are executed as part of some strategy and since the public have no idea what the other legs of the deal are, they almost always guess it wrong. So drivel is a very good term for it.
Heading for $50k
How low can it go this year is the question!
It will depend on how bad the market sentiment gets (and esp. when; not if, the general market crashes). We already seen strong outflow from private investments funds (hence all the investment companies limiting people from withdrawing cash) and other alternative investments follow suite with that and I don't have high hopes for the stock market in the years to come (Republicans losing the house this year, possibly senate which will make Trump a lame duck and more volatile combined with the inflation from the war in Iran driving up interest rates etc.). Add in the crypto companies/funds that were leveraging for the upside now being smacked as it goes reverse as well. The virtual floor will sit somewhere around 60k USD however simply because that's the cost of mining it efficently today; if stays below mining cost things will get very interesting very quickly (companies can handle short term dips but if it goes permanently under cost…)
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