Author Topic: Bitcoins - about to hit $5,000 per coin today! (Read 1130045 times)

Bindare_Dundat · « **Reply #6075 on:** April 28, 2021, 02:37:57 AM »

Quote from: Bindare_Dundat on April 26, 2021, 05:05:41 AM

i think were going to hover around this 54k range for a while before correcting, this was way too fast and large a rally imo. I would not fomo into this. Take profit or set your stop loss. a retrace back to 51k area is a real possibility.

Hope you guys are taking profits on the way up. I sold most of my Eth again at 2680. lol Dont fall in love with these things. Sell the FoMO and buy the dips. Dont be afraid to sell. You can always buy back in anytime if need be. These things usually retrace to test past resistance levels. Lots of opportunities with other projects as well.

The 51k retest has moved to around 52-53k since this post regarding BTC.

Bindare_Dundat · « **Reply #6076 on:** April 28, 2021, 02:44:30 AM »

Quote from: gib on April 27, 2021, 05:16:16 PM

Wow that's quite an endorsement.

Yeah and if you had swapped your btc for eth you would have killed it. then you could have swapped back to btc at a discount today. Obsidian had a great point regarding doing stuff like that. Could pay off handsomely.

Griffith · « **Reply #6077 on:** April 28, 2021, 05:15:25 AM »

Quote from: Bindare_Dundat on April 28, 2021, 02:44:30 AM

Yeah and if you had swapped your btc for eth you would have killed it. then you could have swapped back to btc at a discount today. Obsidian had a great point regarding doing stuff like that. Could pay off handsomely.

When BTC started its dip I swapped all for ETH.

My overall portfolio has increased in BTC value.

For now, I think ETH still has a lot more upside potential.

Probably easier for ETH to 2X or more in a lower time-frame than BTC.

And with lower BTC dominance and 'alt-season' kicking off it's a good time to try make some profits with other coins.

Griffith · « **Reply #6078 on:** April 28, 2021, 06:24:36 AM »

Quote from: obsidian on April 25, 2021, 08:19:30 PM

What's the advantage of using stablecoins instead of USD on an exchange? On Binance for example you can sell into USD or Tether. I have been going the USD route in past trades. The fees did not seem that high. I know stablecoins offer better interest rates but if you are only going to wait a few weeks or months the interest payouts won't be that much.

To hedge against local currency devaluation.

So for me holding USDC will be the same as having USD.

Bindare_Dundat · « **Reply #6079 on:** April 28, 2021, 06:51:40 AM »

Quote from: Griffith on April 28, 2021, 05:15:25 AM

When BTC started its dip I swapped all for ETH.

My overall portfolio has increased in BTC value.

For now, I think ETH still has a lot more upside potential.

Probably easier for ETH to 2X or more in a lower time-frame than BTC.

And with lower BTC dominance and 'alt-season' kicking off it's a good time to try make some profits with other coins.

Agreed, its a bit of a gamble but one Im willing to take.

Holding Vechain, Chainlink, Solano, Ada, Still have som Eth and all my BTC.

polychronopolous · « **Reply #6080 on:** April 28, 2021, 07:40:00 AM »

Nexon Joins Tesla in Bitcoin Bet With $100 Million Purchase

(Bloomberg) -- Nexon Co. said it bought $100 million worth of Bitcoin, joining a list of tech companies embracing the digital currency.

The online game provider acquired 1,717 Bitcoins at an average price of about $58,226 each, including fees and expenses. The purchase represents less than 2% of Nexon’s total cash and cash equivalents on hand, and is the largest-ever purchase of digital currency made by a company traded in Tokyo, Nexon said.

“Our purchase of bitcoin reflects a disciplined strategy for protecting shareholder value and for maintaining the purchasing power of our cash assets,” Owen Mahoney, Nexon’s chief executive officer, said in a statement. “In the current economic environment, we believe Bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.”

A growing number of global firms including Tesla Inc. and Square Inc. have moved to purchase Bitcoin in recent months, with more starting to accept the cryptocurrency as a form of payment. Firms in Japan, which was an early leader in Bitcoin acceptance, have been slow to join this trend.

Nexon said it intended to guard itself against a potential drop in the value of non-digital currencies in case of inflation, with Mahoney seeing Bitcoin as a “form of cash likely to retain its value, even if it is not yet widely-recognized as such.”

https://finance.yahoo.com/news/nexon-joins-tesla-bitcoin-bet-001941487.html

El Diablo Blanco · « **Reply #6081 on:** April 28, 2021, 10:37:35 AM »

Quote from: polychronopolous on April 28, 2021, 07:40:00 AM

Nexon Joins Tesla in Bitcoin Bet With $100 Million Purchase

(Bloomberg) -- Nexon Co. said it bought $100 million worth of Bitcoin, joining a list of tech companies embracing the digital currency.

The online game provider acquired 1,717 Bitcoins at an average price of about $58,226 each, including fees and expenses. The purchase represents less than 2% of Nexon’s total cash and cash equivalents on hand, and is the largest-ever purchase of digital currency made by a company traded in Tokyo, Nexon said.

“Our purchase of bitcoin reflects a disciplined strategy for protecting shareholder value and for maintaining the purchasing power of our cash assets,” Owen Mahoney, Nexon’s chief executive officer, said in a statement. “In the current economic environment, we believe Bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.”

A growing number of global firms including Tesla Inc. and Square Inc. have moved to purchase Bitcoin in recent months, with more starting to accept the cryptocurrency as a form of payment. Firms in Japan, which was an early leader in Bitcoin acceptance, have been slow to join this trend.

Nexon said it intended to guard itself against a potential drop in the value of non-digital currencies in case of inflation, with Mahoney seeing Bitcoin as a “form of cash likely to retain its value, even if it is not yet widely-recognized as such.”

https://finance.yahoo.com/news/nexon-joins-tesla-bitcoin-bet-001941487.html

lol but didn't Tesla buy them for $35K?

Today Musk called himself the Dogefather on Twitter. lol.

polychronopolous · « **Reply #6082 on:** April 28, 2021, 11:04:38 AM »

Quote from: El Diablo Blanco on April 28, 2021, 10:37:35 AM

lol but didn't Tesla buy them for $35K?

Today Musk called himself the Dogefather on Twitter. lol.

I wish him and Cuban would knock that shit off, it's a really bad look.

Just yesterday, there was this goofy young guy in my neighborhood, bragging about "how much money he was making trading 'dog' coin"

Reminds me of some of the hot shot "wheelers and dealers" we have in this thread. They always seem to "get in and out" at the exact right time

Humble Narcissist · « **Reply #6083 on:** April 28, 2021, 12:02:11 PM »

Quote from: polychronopolous on April 28, 2021, 11:04:38 AM

I wish him and Cuban would knock that shit off, it's a really bad look.

Just yesterday, there was this goofy young guy in my neighborhood, bragging about "how much money he was making trading 'dog' coin"

Reminds me of some of the hot shot "wheelers and dealers" we have in this thread. They always seem to "get in and out" at the exact right time

It is Getbig.

Flexacon · « **Reply #6084 on:** April 28, 2021, 01:11:11 PM »

Quote from: polychronopolous on April 28, 2021, 11:04:38 AM

I wish him and Cuban would knock that shit off, it's a really bad look.

Just yesterday, there was this goofy young guy in my neighborhood, bragging about "how much money he was making trading 'dog' coin"

Reminds me of some of the hot shot "wheelers and dealers" we have in this thread. They always seem to "get in and out" at the exact right time

Even if it's not aimed at me, I'll more than happily take the opportunity presented. After all "It is Getbig"

Quote from: Flexacon on December 11, 2018, 02:19:18 PM

Ethereum is the other I'll speculate on. Hopefully one of the tech giants support Ethereum or launch a crypto so I can get in early, otherwise crypto as we know will likely dead in a few years. Well until the banks adopt some kinda blockchain, but there won't be much money to be made for us mere mortals there.

Back when it was around the $100. A tech giant isn't supporting Eth, but it does look like some banks are and that could be huge!

I'll also throw this in, just because..

Quote from: Flexacon on December 02, 2019, 01:14:41 AM

This. Recession is inevitable. If not 2020 then very soon.

I've pulled out, bought some silver and waiting for shit to hit the fan.

Avoided the crash and got silver at a great price!

Missed most of the tech stock and bitcoin runs last year, but that was mostly because I was already sitting in a very comfortable great stress free position.

FitnessFrenzy · « **Reply #6085 on:** April 28, 2021, 01:38:18 PM »

Flexacon · « **Reply #6086 on:** April 28, 2021, 02:47:53 PM »

Quote from: FitnessFrenzy on April 28, 2021, 01:38:18 PM

That was a genuinely great video. Thanks for posting.

FitnessFrenzy · « **Reply #6087 on:** April 29, 2021, 03:28:56 AM »

you're welcome, buddy.

I am still pondering whether to invest in some crypto or not.

Bindare_Dundat · « **Reply #6088 on:** April 29, 2021, 04:42:26 AM »

Quote from: FitnessFrenzy on April 29, 2021, 03:28:56 AM

you're welcome, buddy.

I am still pondering whether to invest in some crypto or not.

Its all manipulated by a handful of whales and YouTube channels that pump and dump projects all the time. Do you think its a coincidence that BTC is just hanging in this same area all week? lol Thats the part you need to be ready for imo.

Bindare_Dundat · « **Reply #6089 on:** April 30, 2021, 02:00:13 AM »

Are we going to see BTC start to breakout from its slump today?

FitnessFrenzy · « **Reply #6090 on:** April 30, 2021, 02:46:32 AM »

Flexacon · « **Reply #6091 on:** April 30, 2021, 03:45:45 AM »

Quote from: Bindare_Dundat on April 30, 2021, 02:00:13 AM

Are we going to see BTC start to breakout from its slump today?

Maybe one more mini dump down to low 50s and then a run to an ATH

Griffith · « **Reply #6092 on:** April 30, 2021, 07:54:40 AM »

Looks like Bitcoin could be breaking out.

Bindare_Dundat · « **Reply #6093 on:** April 30, 2021, 08:31:18 AM »

Quote from: Griffith on April 30, 2021, 07:54:40 AM

Looks like Bitcoin could be breaking out.

Quote from: Bindare_Dundat on April 30, 2021, 02:00:13 AM

Are we going to see BTC start to breakout from its slump today?

lmao.

FitnessFrenzy · « **Reply #6094 on:** April 30, 2021, 08:41:45 AM »

Quote from: Bindare_Dundat on April 29, 2021, 04:42:26 AM

Its all manipulated by a handful of whales and YouTube channels that pump and dump projects all the time. Do you think its a coincidence that BTC is just hanging in this same area all week? lol Thats the part you need to be ready for imo.

I tend to agree and that is also one of the reasons why I have never invested in crypto.

OneMoreRep · « **Reply #6095 on:** April 30, 2021, 10:52:29 AM »

Gentlemen,

I'm looking to buy a small position into MATIC/Polygon.

If it's truly a way to scale Ethereum, it could serve as a conduit for it in many ways.

Doing my own research of course, but feedback regarding MATIC from those vested or otherwise, would be appreciated.

Thanks.

"1"

Flexacon · « **Reply #6096 on:** April 30, 2021, 11:31:10 AM »

Quote from: OneMoreRep on April 30, 2021, 10:52:29 AM

Gentlemen,

I'm looking to buy a small position into MATIC/Polygon.

If it's truly a way to scale Ethereum, it could serve as a conduit for it in many ways.

Doing my own research of course, but feedback regarding MATIC from those vested or otherwise, would be appreciated.

Thanks.

"1"

If you're looking for short term gains then it's worth buying. Long term (3+ years) then no. When Ethereum 2.0 is ready Matic will likely become redundant.

Bindare_Dundat · « **Reply #6097 on:** April 30, 2021, 01:45:16 PM »

Quote from: OneMoreRep on April 30, 2021, 10:52:29 AM

Gentlemen,

I'm looking to buy a small position into MATIC/Polygon.

If it's truly a way to scale Ethereum, it could serve as a conduit for it in many ways.

Doing my own research of course, but feedback regarding MATIC from those vested or otherwise, would be appreciated.

Thanks.

"1"

Never buy anything thats pumping already. Matic had a huge parabolic move already. Wait for a pullback

Bindare_Dundat · « **Reply #6098 on:** April 30, 2021, 01:46:42 PM »

Quote from: Flexacon on April 30, 2021, 11:31:10 AM

If you're looking for short term gains then it's worth buying. Long term (3+ years) then no. When Ethereum 2.0 is ready Matic will likely become redundant.

Eth 2.0 is years away from completion

OneMoreRep · « **Reply #6099 on:** April 30, 2021, 01:50:18 PM »

Quote from: Bindare_Dundat on April 30, 2021, 01:45:16 PM

Never buy anything thats pumping already. Matic had a huge parabolic move already. Wait for a pullback

Not planning to buy now particularly, but definitely soon.

"1"