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Crypto Thread-Bitcoin/ethereum/litecoin

Page 108 of 156

posted on 22/1/21

comment by Edbo (U17933)
posted 1 minute ago
Thoughts on today’s movements?
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Delighted I put 2k in yesterday

posted on 22/1/21

Bold! I put £500 into BTC.

posted on 22/1/21

comment by Mi Pelea (U18355)
posted 7 hours, 45 minutes ago
comment by Ji Sung Park's Cousin - A Beekers Dozen (U2958)
posted 1 hour, 53 minutes ago
comment by United we win (U19958)
posted 2 hours, 13 minutes ago
I hope there is a crash so can reinvest! 15k btc would do nicely. I have no plans to take out so the lower the better!
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Still don't get this mentality... that's a 60+% drop and probably 90% drop for alts... That would shake the market and mean another 2-3 years in the wilderness again.

Sooner or later, these kind of cycles will just tire everyone out and crypto will be a dead idea.
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It’s a completely rubbish ‘idea’, a price drop like that would score people like UWW off buying too.
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Relax guys

Probably just a late comer who is looking at the $40,000-ish top right now and thinking $15,000 is where he would like to buy in, not thinking about the fact that a drop below $20,000 or even $25,000 could be pretty catastrophic for the market as a whole. For all we know it could recover quite quickly anyway if there is a massive rush to buy in around $20,000 but I do agree with you both that it's not the type of drop I ever want to see again personally as I don't think it would be healthy.

Having said that, Amazon stocks often fell by 50% on their way up so these things can be natural.

Pleasing to me was to see that once Bitcoin dipped below $30,000 last night it didn't take long to settle and start recovering, I did have some slight fears that some Wall Street predictions of it heading back down to the $20,000 area could be correct.

posted on 22/1/21

comment by Edbo (U17933)
posted 37 minutes ago
Thoughts on today’s movements?
----------------------------------------------------------------------
Very pleasing and profitable if you are day-trading

comment by Blarmy (U14547)

posted on 22/1/21

The actual issue is whether US or Chinese national banks make and back their own coins(seems inevitable) and fight BTC for dominance - then what the outcome is and which becomes the intl crypto currency

These tech is here to stay

comment by Blarmy (U14547)

posted on 22/1/21

*the

posted on 22/1/21

comment by Blarmy (U14547)
posted 25 seconds ago
The actual issue is whether US or Chinese national banks make and back their own coins(seems inevitable) and fight BTC for dominance - then what the outcome is and which becomes the intl crypto currency

These tech is here to stay
----------------------------------------------------------------------
Well Blarmy, that would be a punch right in the face of what cryptocurrency stands for and the point of decentralisation and restoring power to the people.

Cryptocurrency enthusiasts would not support those coins at all.

comment by Blarmy (U14547)

posted on 22/1/21

comment by You Can't Buy Class - IDHT2EU (U12019)
posted 2 minutes ago
comment by Blarmy (U14547)
posted 25 seconds ago
The actual issue is whether US or Chinese national banks make and back their own coins(seems inevitable) and fight BTC for dominance - then what the outcome is and which becomes the intl crypto currency

These tech is here to stay
----------------------------------------------------------------------
Well Blarmy, that would be a punch right in the face of what cryptocurrency stands for and the point of decentralisation and restoring power to the people.

Cryptocurrency enthusiasts would not support those coins at all.
----------------------------------------------------------------------
Yep it would. However China wont stand for becoming the dominant economic power but not having currency dominance though.

comment by Blarmy (U14547)

posted on 22/1/21

Its going to be a fight imo

Im backing BTC but i dont think its dominance is just guaranteed forever

posted on 22/1/21

Surely the China/EU coins will be stable coins tied to their currency. It won’t affect btc any more than tether or any other stable coin

comment by Blarmy (U14547)

posted on 22/1/21

No i dont expect that

comment by Blarmy (U14547)

posted on 22/1/21

not to have an effect on BTC if China has the digital yuan and is able to get networks outside its borders to opt in

Terher is not really comparable

The market as we know it know will obviously change dramatically with innovation anyway. God knows what it looks like if crypto starts being used transactionally more than fiat

comment by Blarmy (U14547)

posted on 22/1/21

Everyone investing should at least remain aware of what the national banks and regulatory bodies are doing with regards to BTC

What comes out of the digital yuan is going to be important for how China approaches it

posted on 23/1/21

They are going to try to curtail! However, let them try.

posted on 23/1/21

I’m now holding and my personal aim is to invest for a few more months and then forget about it for a while and see what’s happening in the future. Have zero intention to withdraw.

posted on 23/1/21

LINK smashing it again. Third ATH in a week.

comment by Loki (U18355)

posted on 23/1/21

Aye LINK going as planned

Just trying to decide if I will move it into BTC when it hits $28

posted on 23/1/21

It’s doubled in price since I invested. I keep moving most the profits from it into BTC & ETH, leaving it at the figure I initially invested.

posted on 23/1/21

comment by Mi Pelea (U18355)
posted 1 hour, 8 minutes ago
Aye LINK going as planned

Just trying to decide if I will move it into BTC when it hits $28
----------------------------------------------------------------------
What's significant about $28?

posted on 23/1/21

comment by United we win (U19958)
posted 13 hours, 23 minutes ago
They are going to try to curtail! However, let them try.
----------------------------------------------------------------------
Well, it's banned in China already.

posted on 24/1/21

I wonder if people in China still use it though regardless. Of course governments will want to have full control of everything. Not surprising

posted on 24/1/21

Must be hard to trade in anything unofficial with such heavy censorship of the internet.

posted on 24/1/21

I'm sure there are loads of OTC trades... and with bitmain being the main btc miner, i've no doubt that the Chinese government are part of that. Very odd situation, btc is banned, yet being the main btc miner is just fine!

It is funny, the main reason governments are interested in making digital versions of their currency is to track every single penny/cent. Bitcoin was always thought of as this untraceable thing, yet blockchain tech lends itself very well to being highly traceable (unless coded to be privacy centric, like Monero).

posted on 24/1/21

I'm sure I read that China gives free electricity to BTC mining companies.

posted on 25/1/21

Another ETH & LINK ATH overnight.

Bitcoin looking bullish.

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