Who's going in on CryptoCurrencies? XRP - Bitcoin

EyesExist

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True or Not, I have no clue but I'm giving you guys the details.

Rumor Alert: Bitcoin was dropped not because of China's news but because there's some wealthy people of BTC/China wanting to force some whale entity to liquidate their assets. After this happen, the coin will shoot up to approximately $70k in value.

It's bounced from $33k to $40k int the last ~30 hours.............. huge gains. Dogecoin too... same ratio pretty much , .33cents to 40cents.

I dontquite believe in this one but apparently people believe in this source. Who knows? read my other crazy suggestions before.... they panned out........... so, just sharing the news.

@MrMedia ia, loan me 1 BTC LOL
 
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True or Not, I have no clue but I'm giving you guys the details.

Rumor Alert: Bitcoin was dropped not because of China's news but because there's some wealthy people of BTC/China wanting to force some whale entity to liquidate their assets. After this happen, the coin will shoot up to approximately $70k in value.

It's bounced from $33k to $40k int the last ~30 hours.............. huge gains. Dogecoin too... same ratio pretty much , .33cents to 40cents.

I dontquite believe in this one but apparently people believe in this source. Who knows? read my other crazy suggestions before.... they panned out........... so, just sharing the news.

@MrMedia ia, loan me 1 BTC LOL

Haha!

My view on this is that the China story was pumped by the mainstream media at the request of wealthy corps who now realise that crypto is going nowhere.

They wanted in at a discount so revived the scare story about China from ages ago to scare the living shit out of all the retail traders who have entered the market this year on a wave of hype and massive gains. Most of these peeps are paperhands so they shit themselves and sold at a loss, giving the corps a cheap entry point.

Just look at the bounce today. Tell me institutional money has not flooded in. This will be confirmed in the next round of earnings reports for the listed companies that bought the dip.

Oh yeah.

And me.
 

EyesExist

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Yeah, I need to make some big deals so I can

Haha!

My view on this is that the China story was pumped by the mainstream media at the request of wealthy corps who now realise that crypto is going nowhere.

They wanted in at a discount so revived the scare story about China from ages ago to scare the living shit out of all the retail traders who have entered the market this year on a wave of hype and massive gains. Most of these peeps are paperhands so they shit themselves and sold at a loss, giving the corps a cheap entry point.

Just look at the bounce today. Tell me institutional money has not flooded in. This will be confirmed in the next round of earnings reports for the listed companies that bought the dip.

Oh yeah.

And me.

go ahead and buy into the Doge
Elon Musk is about to make his wet dream happen with that coin
Basically applying all the thoughts he had for paypal to this, with a revised strategy
 
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https://www.yahoo.com/finance/news/...rely-based-on-wishful-thinking-203038217.html

Near the end is the most interesting point of this article (and the thing that holds me back the most from investing in this ‘revolution’).

The spirit of crypto is this decentralized money promise. As the article above more eloquently explains — governments just aren’t gonna let this happen!

Controlling the currency is a power chip that is far too “wishful” to think gov’ts around the world will just give up.

What we can mainly hope for in this space is for crypto to technologically innovate then govts to create their own versions that incorporate the tech advances while still being centrally controlled.

I’m all for “fuck governments, their currencies, their power, blah blah” but I just don’t see them embracing this movement due to the massive power loss it entails for them. Governments own us. It’s their rules.

When it comes to investing in cryptos, I’m only a speculator looking to profit from hype.

Convince me otherwise someone.
 

EyesExist

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people misinterperet what investing is

investing to me is simply a deposit/purchasing of a resource that promises a profit returned above initial payment

This can be short term or long term

So far, if you invested.... you wouldn't have lost if you simply cashed out fast OR waited for the right time

Governments can't stop the Crytpo movement. It's already bigger than most countries and all their tries have been FAR FROM CORRECTLY READ INTO> Usually when news breaks, you find out later some politicians had their hand in on a coin and profited millions later

Just ask our former Liberal party and Bernie Sanders............ they were one of the first groups to cash in from America from what I gather

China's been making money and i can't see it stopping

I'm actually about to connect a Top Sports athlete with a particular coin brand if i can........ if this happens , I'm set for life.. just have to connect to the guy behind the coin...6 degrees
 

EyesExist

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Ethereum is getting it's ass kicked.

I think all the 'stability' ideas are out of the window now

it's weird how all the coins are still following the trend of whatever BTC does
 

secretagentdad

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What price did you fill at Mista big balls?
 

EyesExist

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Doge will come back, I believe but who knows.

Im hoping it drops even further first.

I think Elon has better insight & influence than most all of these coin founders.

And its crazy to think this but if a guy can go from fixing his own car to creating an internet payment solution to taking the world to the moon.. wouldn't e too crazy to think he can somehow overtake BitCoin by figuring out the solutions needed in cryptos
 
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Doge is a short term play for me. It is as @CCarter says pure speculation.

As much as I like Elon Musk, the fate of an entire asset class should not hang on the influence of one man. What if he got killed in a rocket launch or something - DOGE goes to zero instantly.

We have Coinbase listing, TESLA acceptance for DOGE and Robinhood releasing wallets coming up in the very short term.

I suspect these will push it to $1 but after that there is little on the horizon to support the idea that it becomes a mainstream digital currency which is what would be needed to hit $2.

It would literally need an AMZ or Ebay to start accepting it to move to these levels neither of which I believe will happen.

So I will max out profits on DOGE and hopefully get in sub $50k on BTC and then just keep that as an appreciating asset. I do believe that it will hit $250k per BTC within the next 5 years.
 

EyesExist

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Doge is a short term play for me. It is as @CCarter says pure speculation.

As much as I like Elon Musk, the fate of an entire asset class should not hang on the influence of one man. What if he got killed in a rocket launch or something - DOGE goes to zero instantly.

We have Coinbase listing, TESLA acceptance for DOGE and Robinhood releasing wallets coming up in the very short term.

I suspect these will push it to $1 but after that there is little on the horizon to support the idea that it becomes a mainstream digital currency which is what would be needed to hit $2.

It would literally need an AMZ or Ebay to start accepting it to move to these levels neither of which I believe will happen.

So I will max out profits on DOGE and hopefully get in sub $50k on BTC and then just keep that as an appreciating asset. I do believe that it will hit $250k per BTC within the next 5 years.

Elon doesn't work alone.
Clearly his success relies heavily on knowing who to work wth and trust.
ANd i dont think long-term for any of this... Just like S&P, always gotta watch the signs

I'm saying this clearly based off current day news . Things can change.

The BTC swing is scary b/c SO MUCH relies on China and Chinese for BTC. Miners and banking being wiped out could push a major change. It could create a need for things to be done in a more discreet way, less energy consuming.

For now, i think 'clarity' that Elon's involved is a good thing

AND i dont think your points are invalid/inaccurate. I think right now, we're all def speculating
But i put my money on the Winners big time and Elon's the Champ

Pretty much he's like a Tom Brady, Michael Jordan, or Floyd Mayweather of the Tech sports world.
 
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EyesExist

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Does anyone in here actually own Crypto?

CB Pro here. I got out before the dump luckily
I was day trading and cut back to Weekly, focusing on life

2010-ish I missed the BTC wave , investing the $10k i had at the time into a google news site i knew how to flip instead of the idea of a crytpo coin, when both options were presented to me.. mainly through WickedFire ties

After witnessing that ridiculous loss on the losing decision ( i made a NICE amount of money but NOTHING CLOSE to BITCOIN STILL)... I said i'd never let a risk like that pass me again without taking it

I got in on XRP, moved into ETH.............

wouldn't surprise me if Doge became the biggest thing we talk about by next year

Casino Coin, i was into until i experienced biTrue's service

Elon announced yesterday he's holding Doge no matter what...

It's all a gamble.. As all business... but one thng I learned when living in Vegas.. there are people in life who dont cut corners, dont make excuses, and just always win

Floyd and Lebron were the 2 competitors i NEVER bet against and always went big on.... i lived closet o Hard Rock cafe and they let me bet many times off the books. Never had to show an ID. Sweet Times!

...Anyhow, right now i feel like we're seeing the Elon Musk era........................ it's not all scienticly broke down in education terms.. just wisdom of watching someone's winning streak. Until he says "it's a wrap" ......... i'd just roll with it

He told us get out of BTC... look what happened
Told us to buy Doge.. look what happened.
He's telling us hold now.. just hold
 
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The amount of theorising here, not just in this thread, but in all respects of IM is truly baffling to me.
 

Potatoe

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We have Coinbase listing, TESLA acceptance for DOGE and Robinhood releasing wallets coming up in the very short term.

Wouldn't you imagine that a lot of this is already baked into the price by the time you hear about it?
 

EyesExist

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The amount of theorising here, not just in this thread, but in all respects of IM is truly baffling to me.

What's the 1st rule of business?

Everything is a risk.

There are different ways people minimize risks but some people have innate intelligence while others use metrics/and formulas based on history

I've been doubted all my life but still ............. my madness works
 

CCarter

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Wait what? Really step back, actually go outside and walk in a park, look around at the old people walking and kids playing. Then ask yourself in what universe do you guys' realities exist in where Tesla accepts Doge coin for payments.

Do you know how far from reality you guys are disconnected?

If Tesla ever accepts Doge I'll retire from the internet cause clearly Fantasyland has taken over and I'm out of my depths. Buttcoin that was a troll in my opinion, but they pulled back on that. But Doge???

Imagine the world currency: USD, Russian Ruble, Chinese Yuan, and Metaverse's Doge.

FantasyLand.
 
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Wait what? Really step back, actually go outside and walk in a park, look around at the old people walking and kids playing. Then ask yourself in what universe do you guys' realities exist in where Tesla accepts Doge coin for payments.

Do you know how far from reality you guys are disconnected?

If Tesla ever accepts Doge I'll retire from the internet cause clearly Fantasyland has taken over and I'm out of my depths. Buttcoin that was a troll in my opinion, but they pulled back on that. But Doge???

Imagine the world currency: USD, Russian Ruble, Chinese Yuan, and Metaverse's Doge.

FantasyLand.
Its happening.

Can you transfer your domains to me?
 

EyesExist

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@CCarter ? So are you up for a friendly wager?

Lets say.. if it happens.. you have to send me D52,421 doge coins ? ? ? Coinbase lol

Just want to commemorate the date