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Are we excited yet?

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    #5672
    circadian
    Registered Users Posts: 6,948 ✭✭✭circadian


    https://www.boards.ie/discussion/comment/121854694#Comment_121854694

    The rising tide theory. It's not a small community and with increasing volume results in increasing burns from Bianance, driving hype etc. There's also NFTs and a few other things on that chain so there's a certain level of utility, regardless of how useless. More than what a lot of other meme coins have. $0.01 would be about a 60BN market cap on a coin like that, I don't think that's too crazy in a bull market.

    Like I said, I'll be skimming on the way up, I'll set targets to pull out when I feel it might be hitting a top. I'm sitting on about 75 million Lunc now after staking for ages. I've already sold off to cover my initial so I'm happy to ride the wave. It's not my only bag but as is typical with some of the alt coins there's potential for parabolic runs.

    What I do find interesting is how it behaves, it pumped before BTC in December, doesn't pump when BTC does. It could easily just dump and crash but with Binance holding such a large bag I don't see it happening.



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    #5673
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    https://www.boards.ie/discussion/comment/121854661#Comment_121854661

    Btc did hit 60 in may 2021, then back sub30 a month later before going onto its ATH of 64 end of the year.



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    #5674
    erlichbachman
    Registered Users Posts: 889 ✭✭✭erlichbachman


    https://www.boards.ie/discussion/comment/121855185#Comment_121855185

    The price is irrelevant to me for the moment as I won’t be selling, however, if BTC reaches 30k again this side of the cycle ill buy both you and merix a bitcoin each.



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    #5675
    Norrie Rugger Head
    Registered Users Posts: 763 ✭✭✭Norrie Rugger Head


    Everything back to being uncertain and FetchAI goes to new ATH

    Damn it for me not buying at 0.08 last year

    ⛥ ̸̱̼̞͛̀̓̈́͘#C̶̼̭͕̎̿͝R̶̦̮̜̃̓͌O̶̬͙̓͝W̸̜̥͈̐̾͐Ṋ̵̲͔̫̽̎̚͠ͅT̸͓͒͐H̵͔͠È̶̖̳̘͍͓̂W̴̢̋̈͒͛̋I̶͕͑͠T̵̻͈̜͂̇Č̵̤̟̑̾̂̽H̸̰̺̏̓ ̴̜̗̝̱̹͛́̊̒͝⛥



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    #5676
    erlichbachman
    Registered Users Posts: 889 ✭✭✭erlichbachman


    Wow, almost 68k this morning, hard to believe we could retest that 69k barrier again so quickly



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    #5677
    Grumpypants
    Registered Users Posts: 7,849 ✭✭✭Grumpypants


    Yeah there is serious buy pressure to have us back up within a day.



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    #5678
    erlichbachman
    Registered Users Posts: 889 ✭✭✭erlichbachman


    Yea, I think the fact that it did technically reach new ath, even though it was immediately rejected and nuked, can be used to communicate to those outside of crypto that Bitcoin reached a new ath which will bring more people in, so it wasn’t a complete failure. The most interesting part now is where it goes when 69k is breached, nobody seems to know where it will land, every time it broke ath before it did a multiple x, and multiple x on 69k would be pretty insane.



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    #5679
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    https://www.boards.ie/discussion/comment/121855457#Comment_121855457
    https://fetch.ai/blog/fetch-ai-secures-advanced-gp-us-following-100-million-infrastructur-einvestment

    This is the big news story they have been talking about last week or so, I'd say that drove it to the ATH of 2. I have a nice bag of fetch now but I'll be bluntly honest I only got involved with it back in 2019 when I decided to spend my 50e free crypto.com sign-up bonus on what coin was the cheapest and didn't sound like a pure shitcoin, which happened to be fetch at 4c, I bought more along the way, saw it hit 80 that cycle, then back to 1.4c, then 1.20, back to 6c, onto 2dollars now. In terms of the fetch project, the more I read of it the more I liked the whole area, who knows will AI actually make the same impact say the internet did across last 25yrs, but at the minute everybody thinks it will make a massive impact so thats good enough for me, will fetch actually make it big and be the next Amazon etc lol, Tim lets not be an idiot and pretend you actually know, the odds are totally stacked against it 2bh, but more importantly, how far will it run in the short term, and what major pullbacks will we see again (I cashed out another 5% just there now, rest of it is staking on Binance, locked away from me doing anything too stupid lol)



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    #5680
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    https://www.boards.ie/discussion/comment/121855211#Comment_121855211

    Do we have to give a btc each if it doesn't drop to that lol?



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    #5681
    endainoz
    Registered Users Posts: 4,946 ✭✭✭endainoz


    Eth the quickest to recover, can see that getting the ATH next. Money flowing into that in a big way.



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    #5682
    erlichbachman
    Registered Users Posts: 889 ✭✭✭erlichbachman


    https://www.boards.ie/discussion/comment/121856093#Comment_121856093

    No, a simple sorry erlich we were wrong will suffice.

    Just got some Fet there now, feel like an idiot buying back in now after selling for 20 something cents but it does seem to be one that will take off even from here.



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    #5683
    Grumpypants
    Registered Users Posts: 7,849 ✭✭✭Grumpypants


    Listening to a clip with Pom and he said 3 out of the last 4 times bitcoin broke the ATH, it doubled in 18 days.


    Match madness ahead



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    #5684
    cnocbui
    Registered Users Posts: 20,047 ✭✭✭✭cnocbui


    The bitcoin family apparently moved to Portugal. Sounds good enough for me.

    https://www.cnbc.com/2022/02/06/bitcoin-family-moves-to-portugal-crypto-tax-haven.html


    Post edited by cnocbui on


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    #5685
    cnocbui
    Registered Users Posts: 20,047 ✭✭✭✭cnocbui


    And while I am on the crypto pumping memes topic: Forget taxi drivers, it's when you see a boards thread asking about the cost of buying and operating a private helicopter that you know it's goten serious.

    https://www.boards.ie/discussion/2058339087/helicopter-costs



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    #5686
    Dohnjoe
    Registered Users Posts: 17,937 ✭✭✭✭Dohnjoe



    At around 9 or 10 this evening everything will temporarily "turn" green again, so will be curious to see what rebounds and by how much (excluding those that already green)



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    #5687
    Norrie Rugger Head
    Registered Users Posts: 763 ✭✭✭Norrie Rugger Head


    https://www.boards.ie/discussion/comment/121856440#Comment_121856440

    Good timing

    ⛥ ̸̱̼̞͛̀̓̈́͘#C̶̼̭͕̎̿͝R̶̦̮̜̃̓͌O̶̬͙̓͝W̸̜̥͈̐̾͐Ṋ̵̲͔̫̽̎̚͠ͅT̸͓͒͐H̵͔͠È̶̖̳̘͍͓̂W̴̢̋̈͒͛̋I̶͕͑͠T̵̻͈̜͂̇Č̵̤̟̑̾̂̽H̸̰̺̏̓ ̴̜̗̝̱̹͛́̊̒͝⛥



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    #5688
    erlichbachman
    Registered Users Posts: 889 ✭✭✭erlichbachman


    https://www.boards.ie/discussion/comment/121857530#Comment_121857530

    Yea, a little reward given that I have now officially dropped what was to be a 10x

    Anyways I still feel this will be the most interesting one of the alts I hold



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    #5689
    Bobeagleburger
    Registered Users Posts: 45,409 ✭✭✭✭Bobeagleburger


    NEAR gone to the moon!



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    #5690
    BKtje
    Registered Users Posts: 8,048 ✭✭✭BKtje


    AI tokens also with a sharp wick, Render and now Nosana. Crazy that my Nos bag has more than doubled in under a month.



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    #5691
    BKtje
    Registered Users Posts: 8,048 ✭✭✭BKtje


    https://www.boards.ie/discussion/comment/121858298#Comment_121858298

    Which crypto are you talking about? Or are you talking about crypto in general in which case I point to the current fiat world where much of your fears already exist. Controlled by the government, impoverishing the average joe to pay for elections and promises to the masses which are rarely delivered and controlled by the ultra rich.

    Anything has value if someone is willing to pay for it and it has the value of what that person is willing to pay. Your opinion is your opinion and your welcome to it however the financial system is changing and you either accept it or lose out. That is my opinion and I guess we'll see who's right over the next few years.

    Post edited by Boards.ie: Mike on


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    #5692
    Norrie Rugger Head
    Registered Users Posts: 763 ✭✭✭Norrie Rugger Head


    https://www.boards.ie/discussion/comment/121858298#Comment_121858298

    Yup, definitely in the beginning of a real run.

    The anti cryptos are coming

    Post edited by Boards.ie: Mike on

    ⛥ ̸̱̼̞͛̀̓̈́͘#C̶̼̭͕̎̿͝R̶̦̮̜̃̓͌O̶̬͙̓͝W̸̜̥͈̐̾͐Ṋ̵̲͔̫̽̎̚͠ͅT̸͓͒͐H̵͔͠È̶̖̳̘͍͓̂W̴̢̋̈͒͛̋I̶͕͑͠T̵̻͈̜͂̇Č̵̤̟̑̾̂̽H̸̰̺̏̓ ̴̜̗̝̱̹͛́̊̒͝⛥



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    #5693
    HGVRHKYY
    Registered Users Posts: 416 ✭✭HGVRHKYY


    https://www.boards.ie/discussion/comment/121858298#Comment_121858298

    Pathetic. Imagine being so narcissistic to think your opinion is so valuable that you'd bother wasting your time navigating to a forum and thread about a topic just to let people interested in that topic know you don't like that topic. Get a life?


    On top of making life changing money, one of the sweetest parts of crypto is getting to laugh at bitter people like this guy, and enjoy schadenfreude at the thought they've missed out and can't handle that so they displace their negative thoughts onto random strangers online who didn't lose out like them.

    Post edited by Boards.ie: Mike on


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    #5694
    silliussoddius
    Registered Users Posts: 4,030 ✭✭✭silliussoddius


    https://www.boards.ie/discussion/comment/121858538#Comment_121858538

    For everyone that makes life changing money there is going to be a bag holder. At least be honest about what you’re really buying and selling.



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    #5695
    el diablo
    Registered Users Posts: 5,752 ✭✭✭el diablo


    edit...

    Post edited by el diablo on

    We're all in this psy-op together.🤨



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    #5696
    BKtje
    Registered Users Posts: 8,048 ✭✭✭BKtje


    What's this talk of drug dealers, arms dealers and paedos got to do with this topic? I mean these "scum" use Fiat currencies on a daily basis. They might be using crypto to attempt to hide their illegal business but they definitely use the traditional monetary system to do so. The current rising tide is due to money flowing into the Etf's who do their kycs and it's mainly institutional money.

    As to how much Bitcoin I own, does it matter? It's not my biggest crypto holding in any case as I think there are better options this cycle. If it all goes to **** then it will hurt but I still have a decent pension plan as well as stocks. Diversification is the key to minimising risk.

    As to the price of Bitcoin in 12 months, I'm thinking that it will be well in excess of where it is now. In 18 months we'd normally be crashing back to earth but who knows, with the institutional money flowing in a huge crash is hard to see but what do I know, I can't see the future.



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    #5697
    Markus Antonius
    Registered Users Posts: 2,208 ✭✭✭Markus Antonius


    https://www.boards.ie/discussion/comment/121858298#Comment_121858298

    Keep maxing out your pension avcs and enjoy shooting the breeze on the breadline! 😂

    Post edited by Boards.ie: Mike on


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    #5698
    ZMOONY
    Registered Users Posts: 45 ✭ZMOONY


    https://www.boards.ie/discussion/comment/121859219#Comment_121859219

    scrutinised financials...

    amlintelligence.com/2024/01/latest-more-than-3trillion-in-illicit-funds-flowed-thru-global-financial-system-in-2023-banks-call-for-more-regulatory-guidance-to-tackle-endemic/

    More than $3trillion in illicit funds flowed through global financial system in 2023; banks call for more regulatory guidance to tackle endemic

    $346.7 billion in human trafficking

    Fines for these breaches were about €352 I'd say.

    Post edited by Boards.ie: Mike on


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    #5699
    Dohnjoe
    Registered Users Posts: 17,937 ✭✭✭✭Dohnjoe


    https://www.boards.ie/discussion/comment/121859317#Comment_121859317

    It's garbage, but the money made from it is real. Maybe there will be global regulations one day, but so far, it's a wealth exchange on a plate. The patient taking cash from the impatient for artificially scarce digital tokens, mostly due to greater fool theory.

    Post edited by Boards.ie: Mike on


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    #5700
    Dohnjoe
    Registered Users Posts: 17,937 ✭✭✭✭Dohnjoe



    The "everything is green 24 hours after a sharp dip" effect in action and triggering it's own gains.



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    #5701
    cnocbui
    Registered Users Posts: 20,047 ✭✭✭✭cnocbui


    https://www.boards.ie/discussion/comment/121859219#Comment_121859219

    A couple of US states, like Colorado, will let you pay your taxes with BTC.

    Last week the governor of Florida announced plans to become the second state to accept Bitcoin (BTC 4.13%) (BTC 4.13%) as payment for state taxes. About a month ago, Colorado's Governor Polis made a similar announcement, in hopes of making the state more crypto-friendly.

    Years prior to thes two:

    Ohio has become the first U.S. state to allow taxes to be paid in bitcoin, starting with businesses.

    By Yogita Khatri Nov 26, 2018

    Seven US legislators have or had BTC holdings:

    According to “Bitcoin Politicians” — a crowdsourced data project aimed at tracking U.S. political figures’ crypto holdings using public financial disclosures — there are currently seven known crypto investors across both chambers of Congress.

    https://cointelegraph.com/news/early-birds-u-s-legislators-invested-in-crypto-and-their-digital-asset-politics

    And back in the day, at least one US State government invested state funds in BTC. I can't off-hand remember exactly which one but the governor was a woman who was very chuffed with the success of her investment on behalf of her state.

    US states are not drug dealers, paedophiles or arms dealers.

    My BTC investment has easily been the best performing investment I have made.

    Post edited by Boards.ie: Mike on


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