Bitcoins - about to hit $5,000 per coin today!

[Flexacon]

I appreciate you taking the time to answer my questions man.

Don't forget my 50% cut 

[Grape Ape]

Don't forget my 50% cut 

 

[djliftsthings]

While the FBI may have its hands on the founder of Silk Road’s bitcoin wallet, that doesn’t mean it has access to what's inside. Ross Ulbricht, despite his own self-incriminations as the mastermind behind the online black marketplace, was able to do one thing right: secure his bitcoins.

A reported 600,000 BTC belonging to Ulbricht is in the FBI’s hands. But they can’t access the bitcoin wallet because it is encrypted.

[Pork_Chop]

Polkadot

[El Diablo Blanco]

While the FBI may have its hands on the founder of Silk Road’s bitcoin wallet, that doesn’t mean it has access to what's inside. Ross Ulbricht, despite his own self-incriminations as the mastermind behind the online black marketplace, was able to do one thing right: secure his bitcoins.

A reported 600,000 BTC belonging to Ulbricht is in the FBI’s hands. But they can’t access the bitcoin wallet because it is encrypted.

Are you sure it's 600K coins?  that's almost 3% of all bitcoin.

[djliftsthings]

Are you sure it's 600K coins?  that's almost 3% of all bitcoin.

100%, multiple articles. Ill dig one up

heres what it says--I dont know what the commissions thing means, not my area

How many bitcoin did FBI seize from Silk Road?
Mr. Ulbricht, who operated Silk Road between 2011 and 2013, accepted bitcoin as a payment on his website. When federal officials arrested him in October 2013, they seized about 175,000 bitcoins but estimated that the website had generated commissions totaling more than 600,000 bitcoins.Nov. 5, 2020

[Flexacon]

LRC up 600% for me. Hit my crypto targets and the bull run has barely started. Hodling the rest until it hits a possible 3000%.

Yes it's still a great buy IMO. 2 major announcements for the project have still not been announced. First one will make it a "Matic killer" and send it into top 20 cryptos. It eliminates high gas fees on ETH and is Buterin endorsed! Second one is a major retail partnership (gaming) that could send it top 10.

Don't say no one didn't tell you.

Upgrading this to LRC being a top 5 and possibly top 3 coin at some point in the next 6 to 24 months (pending deployment of upgrades)

Matic will also be fine, but will become something different (polygon Hermez)

[Grape Ape]

Upgrading this to LRC being a top 5 and possibly top 3 coin at some point in the next 6 to 24 months (pending deployment of upgrades)

Matic will also be fine, but will become something different (polygon Hermez)

Bought back in in the 2.5 range, saw the spike, been wondering if to go in heavier.

Think it will go sub 3 again?

When you say top 3, you mean another mainstay like BTC / ETH, right?  Not necessarily price?

[Flexacon]

Bought back in in the 2.5 range, saw the spike, been wondering if to go in heavier.

Think it will go sub 3 again?

When you say top 3, you mean another mainstay like BTC / ETH, right?  Not necessarily price?

Price held and was green when the rest of the market crashed yesterday. Up, I'm looking at $7.5 to $10 in the next few weeks if the market doesn't take another hit. There is no point looking at short time prices though. This is a long term play.

Yes top 3, after btc and eth.

LRC makes most of the other blockchains in the top 10 redundant. Ethereum is great, but it's slow and expensive. Other blockchains like bnb and sol offer an alternative. They are faster and cheaper but are not as decentralised and as secure as Eth.

LRC is built on top of Eth in a way that keeps all the decentralisation and security and adds speed and lowers gas fees. Transactions are a 1000 times faster and gas fees are in the cents. It makes no sense for people to use centralized block chains if LRC (in combo with ETH) works as a solution. This is the solution VladB is backing long term. That's why I see it becoming a top 3-5 crypto. There are other things it can do, but for now this is the most important.

[Mayday]

Variances in calendar days difference between 2021 and 2013 is between -3 / 9 / 16.

We are at 7 days lag so either we see this rally in the next couple of days or we see it rally in a week's time.

Either way it will rally, there is no mad puke from here.

[El Diablo Blanco]

100%, multiple articles. Ill dig one up

heres what it says--I dont know what the commissions thing means, not my area

How many bitcoin did FBI seize from Silk Road?
Mr. Ulbricht, who operated Silk Road between 2011 and 2013, accepted bitcoin as a payment on his website. When federal officials arrested him in October 2013, they seized about 175,000 bitcoins but estimated that the website had generated commissions totaling more than 600,000 bitcoins.Nov. 5, 2020

Now there's a lawsuit in Flordia of the family of Satoshi's partner who passed away.  Now they want access to the wallet with 1 Million BTC.

The biggest holdback of BTC and ETH is the thousands of other crypto coins grabbing money, like the fucking joke Shiba Inu coin which is worth billions.  These other coins will be the downfall of Crypto.

[Mayday]

The biggest holdback of BTC and ETH is the thousands of other crypto coins grabbing money, like the fucking joke Shiba Inu coin which is worth billions.  These other coins will be the downfall of Crypto.

No they won’t.

When was the last time companies were valued correctly on the sharemarket? Amazon is valued 77x earning yet loses money. Tesla valued at 2T and loses money. If the equities market does not follow valuation fundamentals why do you expect other markets to?

Value can be derived from social trends just like art and property.

Most are going to be working from home from now on. Digital socialising is going to be here quicker than people realise and these cryptos will be used in different realms. The gaming community has 100x the imagination of normies.

Get into SOL

Get into AVAX

Don’t worry too much about specific gaming cryptos as those games will be short lived when proper large studios adopt NFT. Just buy the network those are built on. You need to lookout for UbISoft, real3D, epic games, Bethesda, rockstar adopting NFT and crypto.

[Flexacon]

Run up starts 20th.

Loaded up on Polygon Matic. They've pivoted away from just being a side chain and recently added several layer 2 projects and talent to their books (Hermez and Miden are gold) It now has more potential than ever, yet is half the price of it's ATH.

Also their twitter is pretty.

https://twitter.com/0xPolygon?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

[OneMoreRep]

For those that haven't noticed, Metaverse/gaming themed coins are rallying: $SAND, $MANA, $ENJIN. No idea whether they are worth long-term action, but even if holding for a number of months to a year at most, might not hurt.

"1"

[Grape Ape]

Most of the market is down.

May have to go more in on LRC.

[FitnessFrenzy]

BTC $ 57,261.06
 

[Mayday]

Identical pattern to Q4 2020 entering a bullrun.

Expect longs to begin closing very hard out to end of year as FOMO price action comes into play.

[Grape Ape]

Anyone still like Vechain?

[Mayday]

Anyone still like Vechain?

Yes.

Chart pattern looks primed. This hasn’t pumped yet and looking at the 2020 ramp this was one of the last to go on a run in the tail part of November.

Good timing to mentioning this one, I just chucked a few thou in now.

[FitnessFrenzy]

HEX $ 0.1928

all quiet from Richard Heart 

[Slapper]

HEX $ 0.1928

all quiet from Richard Heart 

He had COVID.

Having said this... patience my friend. We were at 0.005 around this time last year. 37x.

Another 37x and we'll be at $7.00.

[Flexacon]

Run up starts 20th.

[OneMoreRep]

Bitcoin showing signs of recovery and its gravitational pull is bringing altcoins along for the ride.

"1"

[FitnessFrenzy]

[Mayday]

The way I had it tagged, today is the last day of the outlier for BTC to rally and close above 59k which would signal we will have a 2013 rally event.

If we don’t rally today through to Monday I take that as no 2013 rapid end and will look to a repeat of the trend 2020-2021.

Note the same day last year was nuked…… nothing more than a last minute beat down to long from 10% lower starting point. Seasonality is in our favour and I am all in at this point.