Bitcoin and Crypto Thread

I wasn’t talking about mstr

Last cycle we had doge. Now look at the top 200 and maybe a third or one forth of the coins are memes. By the time it’s all over I’m guessing its over half memes in the top 200 mc
 
Sold all my kaspa. To buy meme coins

Fud the pug
AAA cat
Ponke
Church of the smoking chicken fish
Trump/maga
Mog
Tooker
Hippo
Brett

Will add more

Basically it’s clear there will be a lot of money in memes this cycle. I have way too conservative a portfolio and with a large pile of Tao, alph, ml and tet I can go for some high risk memes. These are honestly more mid risk with some room to grow .

Coins like wif, turbo, bonk, Pepe, spx6900 all very good coins but the market cap is too big to make real gains so I went with mid and low cap /high risk coins. A few of them will go to zero, most will probably do quite well

Coins like book of ethereum, dog go to the moon, Doug the duck are on my watchlist but all pumped recently .

On a tangent is cynllo still on this site? I sent him a message asking how his crypto journey is going and he didn’t respond

@bladerunner have you heard from cynllo? I messaged him a few months ago on here and no response
 
Last edited:
Fidelity is at 216k, Grayscale is at 217k. So the Fidelity ETF should overcome GBTC in holdings within a week or so.

The ETF's are still steadily growing in terms of total BTC owned, albeit more slowly than early 2024.

Sure feels like a bull market is starting to roar.

View attachment 13303


I guess the big question is, when will they stop buying and start taking profits??

Also, at what point will they start buying again?
 
We're off. And no, Scorpion, we don't forget.


Bitcoin Crypto GIF by Bitstamp
 
I guess the big question is, when will they stop buying and start taking profits??

Also, at what point will they start buying again?
Taking profits? That might happen in the short term, until more people figure things out. Taking profits by selling BTC is equivalent to selling gold to buy Marks in 1927 Germany, or selling USD to buy Argentine Pesos. Bitcoin is to USD, as USD is to Zimbabwe dollars. Selling the superior asset to buy the inferior one is at best gambling, and in the long run, foolish.
 
We're off. And no, Scorpion, we don't forget.


Bitcoin Crypto GIF by Bitstamp
Off to what? Are you predicting 100k by the end of the year? I remember you said something about Thanksgiving. That would certainly be a big move given that the price has remained rangebound 55-70k for the past six months. To me it looks like the whales and professional traders are just managing the price to their benefit, regularly pumping then dumping on their reliable HODL buyers. Between Tether printing, the lack of oversight/regulation (enabling massive amounts of wash trading to move the price), and the sheer concentration of wealth to a few addresses (.01% of addresses hold over 50% of the mined BTC) Bitcoin is probably the most manipulated asset/market on the planet. Whatever price moves Bitcoin makes at this point are just the whales continuing to shake dollars out of delusional HODLer pockets.
 
Off to what? Are you predicting 100k by the end of the year? I remember you said something about Thanksgiving. That would certainly be a big move given that the price has remained rangebound 55-70k for the past six months. To me it looks like the whales and professional traders are just managing the price to their benefit, regularly pumping then dumping on their reliable HODL buyers. Between Tether printing, the lack of oversight/regulation (enabling massive amounts of wash trading to move the price), and the sheer concentration of wealth to a few addresses (.01% of addresses hold over 50% of the mined BTC) Bitcoin is probably the most manipulated asset/market on the planet. Whatever price moves Bitcoin makes at this point are just the whales continuing to shake dollars out of delusional HODLer pockets.
Yes, we're going to see what happens.
 
Off to what? Are you predicting 100k by the end of the year? I remember you said something about Thanksgiving. That would certainly be a big move given that the price has remained rangebound 55-70k for the past six months.

More like 9 months. We may get a breakout, or not. The current chart looks almost identical to the charts just before Bitcoin had a major breakout for the past 2 bull runs .


But there’s no guarantee of anything.
 
More like 9 months. We may get a breakout, or not. The current chart looks almost identical to the charts just before Bitcoin had a major breakout for the past 2 bull runs .


But there’s no guarantee of anything.
I've made my predictions and I won't back down. We will be significantly higher by Thanksgiving, especially if the election seems like smooth sailing for Trump, and yes we will be over 100k by year's end.
 
Back
Top