Bitcoin price discussion and analysis

[moXJO]

Just saw crypto on the front page of AFR. Expect a massive crash from here

This is why retail investors always get rooted. Nobody talked about Bitcoin when it was $5000 last 2 years when it the price was relatively "low". Now that it's gone up 1000% in a matter of months and famous people are talking about it - apparently this is when all of us plebeians are supposed to buy. Lol.

Rich folks - secretly accumulates without saying anything
Poor folks - now buy high sell low!

Seeing it in the financial review always means we are due for a correction. Joeno speaks the truth.

 

[Warr87]

This is why retail investors always get rooted. Nobody talked about Bitcoin when it was $5000 last 2 years when it the price was relatively "low". Now that it's gone up 1000% in a matter of months and famous people are talking about it - apparently this is when all of us plebeians are supposed to buy. Lol.

Rich folks - secretly accumulates without saying anything
Poor folks - now buy high sell low!

People were talking about BTC long before it reached 5000. It would have been good if you bought it at 50c. Or even 10c. But im not sure what your point is.

Buy high, sell higher. Worked for many trend traders.

 

[Trendnomics]

Intrinsic value?

 

[Smurf1976]

apparently this is when all of us plebeians are supposed to buy

If you're going to trade news then it's a contrary signal.

Buy what the media says is stuffed, sell what they proclaim to be the holy grail.

 

[qldfrog]

Intrinsic value?

as much as Tesla

 

[noirua]

Retail Goliath Rakuten Now Allows Users To Pay With Bitcoin, Ethereum and Bitcoin Cash - The Daily Hodl

Japanese e-commerce titan Rakuten is now allowing customers to pay with Bitcoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH).

dailyhodl.com

The integration will allow customers to seamlessly convert their crypto into Rakuten Cash tokens which can then be spent at merchants.

 

[noirua]

Whales Are Preparing for Bitcoin and Ethereum Rallies As Four Altcoins Outperform the Market: Santiment - The Daily Hodl

In a new report on market conditions, crypto analytics firm Santiment says large Bitcoin and Ethereum holders appear to be readying themselves for a rally.

dailyhodl.com

Santiment says individuals holding 1,000 or more Bitcoin are dominating a larger share of the BTC market, indicating that whales may be on the verge of fueling a strong reversal upward.

 

[noirua]

Bitcoin Breakout Signal Shows Top Crypto Likely Heading to $100,000 As Investors Choose BTC Over Gold: Bloomberg Analyst - The Daily Hodl

Mike McGlone, a senior commodity strategist for Bloomberg Intelligence, says Bitcoin (BTC) appears to be heading to $100,000 as it edges closer to replacing gold as a reserve asset.

dailyhodl.com

 

[noirua]

Bitcoin Whales Move $1,450,000,000 in BTC in Just 24 Hours – Here's Where the Crypto Is Heading - The Daily Hodl

Large crypto holders are moving massive amounts of Bitcoin amid the market downturn. A total of $1.45 billion has been transferred in just 24-hours, according to blockchain tracker Whale Alert.

dailyhodl.com

The biggest movement sent 13,071 BTC worth $673.8 million in a single transaction. The giant Bitcoin holder in question moved the flagship crypto-asset between two unknown wallets.

 

[noirua]

BLOK Holdings - Amplify ETFs

amplifyetfs.com

 

[noirua]

Analyst Who Called Bitcoin and Crypto Correction Says Market Gearing Up To Explode – Here's His Timeline - The Daily Hodl

Analyst and trader Michaël van de Poppe is assessing the crypto markets and says the sector is gradually gearing up for another massive bull run.

dailyhodl.com

 

[Dark1975]

I was seeing a heads and shoulders appearing for btc and was a bit cautious of a retraction,
Tho after seeing the stimulas approved 7hrs ago
I started buying more crypto today , xrp /bnb/uniswap alot of defi , with the stimulus approved, i guess people with there usd cheques will pump crypto, and think people will invest in btc as it appears a better investment than the Usd atm.

 

[againsthegrain]

I was seeing a heads and shoulders appearing for btc and was a bit cautious of a retraction,
Tho after seeing the stimulas approved 7hrs ago
I started buying more crypto today , xrp /bnb/uniswap alot of defi , with the stimulus approved, i guess people with there usd cheques will pump crypto, and think people will invest in btc as it appears a better investment than the Usd atm.

Interesting choice with xrp and no ada on the list, I realise xrp 'might' run if the court case(s) are won but looks to be dragging on. However with FD7 Ventures planning to sell $750 million of btc to acquire ada/polkadot I bet on ada as a short term gamble rather then xrp.

Myself apart from some ada im loading up on gold, physical mainly but picked up a miner too.

 

[Dark1975]

Interesting choice with xrp and no ada on the list, I realise xrp 'might' run if the court case(s) are won but looks to be dragging on. However with FD7 Ventures planning to sell $750 million of btc to acquire ada/polkadot I bet on ada as a short term gamble rather then xrp.

Myself apart from some ada im loading up on gold, physical mainly but picked up a miner too.

Actually forgot to mention Ada (do hold a small amount )
But I really see Xrp really the only coin atm to replace S.w.i.f.t once this Sec Case is over.

If you do a deep dive , companies like the gates foundation/ alot of banks are on board already .
Pls note : I am a holder of Xrp ,
Pls DYOR, and this isn't any finacial advice

 

[againsthegrain]

Actually forgot to mention Ada (do hold a small amount )
But I really see Xrp really the only coin atm to replace S.w.i.f.t once this Sec Case is over.

If you do a deep dive , companies like the gates foundation/ alot of banks are on board already .
Pls note : I am a large holder of Xrp ,
Pls DYOR, and this isn't any finacial advice

Interesting, I have been thinking to pick up some xrp to average down my ridiculous entry back from 2017. If the case goes well could be regretting not watering down my holding at today's prices.

Any idea on the progress on the sec case? As far as I remember late Feb was a date but nothing big happened or I didn't dig deep enough.

 

[Dark1975]

Interesting, I have been thinking to pick up some xrp to average down my ridiculous entry back from 2017. If the case goes well could be regretting not watering down my holding at today's prices.

Any idea on the progress on the sec case? As far as I remember late Feb was a date but nothing big happened or I didn't dig deep enough.

Yeah xrp had there first case already, will move to discovery around October, unless a early settlement occurs,
Some good links on xrp on you tube by digital perspective

​

 

[Dark1975]

Interesting, I have been thinking to pick up some xrp to average down my ridiculous entry back from 2017. If the case goes well could be regretting not watering down my holding at today's prices.

Any idea on the progress on the sec case? As far as I remember late Feb was a date but nothing big happened or I didn't dig deep enough.

Sorry wrong link
This guy is pretty upto date on current case against xrp

 

[againsthegrain]

Sorry wrong link
This guy is pretty upto date on current case against xrp

Thanks for the links, Very good explanation in the second video. All very clear for me now

 

[noirua]

 

[Warr87]

i got into ETH on Friday. It gapped up over the weekend. nice when it happens that way lol. BTC has to break $52k for me to get in.