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Crypto Thread-Bitcoin/ethereum/litecoin

Page 97 of 223

comment by Edbo (U17933)

posted on 7/1/21

It’s tumbling down!

comment by Edbo (U17933)

posted on 7/1/21

Gonna have to consider using a different platform, this is a joke

posted on 7/1/21

comment by You Can't Buy Class - IDHT2EU (U12019)
posted 29 minutes ago
Whale sale?
----------------------------------------------------------------------
When that happens, expect 20% drops

comment by Edbo (U17933)

posted on 7/1/21

Looks like it was a quick dump, starting to recover already

posted on 7/1/21

Probably a bunch of sell orders at $40k

comment by Edbo (U17933)

posted on 7/1/21

Do sudden dips like this tend to happen a lot when targets like 40, 50k etc are hit Ji?

posted on 7/1/21

It’s an odd one, sometimes you see a big drop and sometimes you see the bulls just push through and smash on another 10%, leaving the people who try and time the market playing catch-up and buying back in higher than they sold.

Better not to try and time it, just stick to personal targets

posted on 7/1/21

comment by Ji Sung Park's Cousin - A Beekers Dozen (U2958)
posted 18 minutes ago
Probably a bunch of sell orders at $40k
----------------------------------------------------------------------
That was also my first thought

posted on 7/1/21

So who's confident it'll rebound to 40 and push on from there?

posted on 7/1/21

comment by MourOUTho (U22347)
posted 4 hours, 55 minutes ago
comment by United we win (U19958)
posted 13 minutes ago
Anyone use ledger?
----------------------------------------------------------------------
I have a ledger nano x. But I have received a sh!tload of emails from them recently about data breaches.

I think a Trezor or Bitbox are better options.
----------------------------------------------------------------------
Same. Bombarded with scam emails. My personal information was leaked so hackers know my name, address, email address and that I have crypto. I’ve read on Reddit that people are getting death threats over it. Ledger facked up big time

posted on 7/1/21

comment by Mi Pelea (U18355)
posted 1 minute ago
comment by MourOUTho (U22347)
posted 4 hours, 55 minutes ago
comment by United we win (U19958)
posted 13 minutes ago
Anyone use ledger?
----------------------------------------------------------------------
I have a ledger nano x. But I have received a sh!tload of emails from them recently about data breaches.

I think a Trezor or Bitbox are better options.
----------------------------------------------------------------------
Same. Bombarded with scam emails. My personal information was leaked so hackers know my name, address, email address and that I have crypto. I’ve read on Reddit that people are getting death threats over it. Ledger facked up big time
----------------------------------------------------------------------
What a joke, Ledger was supposed to be trustworthy and secure.

If it's any reassurance I strongly believe any death threats can be laughed off - just like those e-mails claiming they have caught you visiting some dodgy websites (that you've never heard of) and you must pay up.

posted on 7/1/21

Pretty sure this is going well past $40k. Will probably see a new ATH before close of CME trading tomorrow.

What I’d love to see though would be for BTC to consolidate around the $37-$40k area and actually establish some support and resistance areas. The steeper this run up is, the harder it’s gonna crash...

comment by Edbo (U17933)

posted on 7/1/21

comment by Mi Pelea (U18355)
posted 50 minutes ago
Pretty sure this is going well past $40k. Will probably see a new ATH before close of CME trading tomorrow.

What I’d love to see though would be for BTC to consolidate around the $37-$40k area and actually establish some support and resistance areas. The steeper this run up is, the harder it’s gonna crash...
----------------------------------------------------------------------

Very decent perspective this is.

posted on 7/1/21

Comment deleted by Site Moderator

posted on 7/1/21

comment by Edbo (U17933)
posted 1 hour, 13 minutes ago
comment by Mi Pelea (U18355)
posted 50 minutes ago
Pretty sure this is going well past $40k. Will probably see a new ATH before close of CME trading tomorrow.

What I’d love to see though would be for BTC to consolidate around the $37-$40k area and actually establish some support and resistance areas. The steeper this run up is, the harder it’s gonna crash...
----------------------------------------------------------------------

Very decent perspective this is.
----------------------------------------------------------------------
Agreed

Needs to be viewed like

BTC = digital gold
ETH = digital oil

posted on 7/1/21

comment by Edbo (U17933)
posted 1 hour, 57 minutes ago
comment by Mi Pelea (U18355)
posted 50 minutes ago
Pretty sure this is going well past $40k. Will probably see a new ATH before close of CME trading tomorrow.

What I’d love to see though would be for BTC to consolidate around the $37-$40k area and actually establish some support and resistance areas. The steeper this run up is, the harder it’s gonna crash...
----------------------------------------------------------------------

Very decent perspective this is.
----------------------------------------------------------------------
I think it will consolidate for two reasons, both technical not fundamental.

First the RSI are showing strong over bought signals.

2nd that shar move lower today has created a very negative candlestick pattern on the 4 hour charts.

Good chance it falls back to 37,000 or 36,000 from these levels.

comment by Edbo (U17933)

posted on 7/1/21

comment by United we win (U19958)
posted 48 minutes ago
Is a crash expected this year? Like for Bitcoin to drop to 5k or so?
----------------------------------------------------------------------

Most ‘experts’ seem to think it will rise a fair bit more before that happens.

posted on 7/1/21

comment by Edbo (U17933)
posted 1 minute ago
comment by United we win (U19958)
posted 48 minutes ago
Is a crash expected this year? Like for Bitcoin to drop to 5k or so?
----------------------------------------------------------------------

Most ‘experts’ seem to think it will rise a fair bit more before that happens.
----------------------------------------------------------------------
At some stage there will be a carnage crash, but I think the longterm trend remains bullish. Worst case scenario maybe back to 20,000 but doubt we see 5000agstbthe dollar.

posted on 8/1/21

Comment deleted by Site Moderator

posted on 8/1/21

Starting to feel like it's grinding to a halt.

posted on 8/1/21

Temporary until tomorrow then it will blitz again

posted on 8/1/21

If you understand programming (and even if you don't since he explains it in metaphors most can understand) - the future:
https://www.youtube.com/watch?v=k8a6tX53YPs

You may want to avoid reading the top comment if you are planning on HODLing ETH.

posted on 8/1/21

ETH is pretty much mirroring the Bitcoin run from a few years ago, wouldn’t surprise me if it hit 4k/5k in a few months

comment by Edbo (U17933)

posted on 8/1/21

comment by Oscar. 2020 Year of the Doom and Gloom. #TeamFury (U12980)
posted 5 minutes ago
ETH is pretty much mirroring the Bitcoin run from a few years ago, wouldn’t surprise me if it hit 4k/5k in a few months
----------------------------------------------------------------------

Yes please.

posted on 8/1/21

What % of your bags are ETH. Mine tends to be

60% BTC
30% ETH
10% alts (currently ADA, LTC and Link)

Think I may increase my ETH though.

Page 97 of 223

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