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

[Mayday]

If you touch doge I will take back the earlier  beer offer lol.

Yes I took the conference into consideration. We formed a nice cup and handle on the 4 hour. If we break past 40k there was hardly and friction on the way down, a move up could be close to parabolic from that price.

Yep. Will be a 🚀 if we break above (I’m fully expecting to see ETH go 30%).

[Bindare_Dundat]

yea? 4 hr.  pretty close. rim of cup near 37.5k. tapping that price now.

[LurkerNoMore]

If BTC climbs back up to where it was ($60K or higher) doesn't that mean that the little meme coins like Doge, Shib, Kishu, will take off too?

If that is the case, why are the BTC fans not putting a few thousand on the little coins?  If seems if some of these like Shib or Kishu were to hit $0.01, there would be tidy gain made.

Again, I don't know shit about this venture... just asking a question based on something I have read.

[Bindare_Dundat]

If BTC climbs back up to where it was ($60K or higher) doesn't that mean that the little meme coins like Doge, Shib, Kishu, will take off too?

If that is the case, why are the BTC fans not putting a few thousand on the little coins?  If seems if some of these like Shib or Kishu were to hit $0.01, there would be tidy gain made.

Again, I don't know shit about this venture... just asking a question based on something I have read.

Because when they drop they drop big time relative to btc. Plus they are zero use shit.

[LurkerNoMore]

Because when they drop they drop big time relative to btc. Plus they are zero use shit.

True, but I didn't mean to attempt to hold onto them.  Seeing how it may be just a fad, why not take advantage of it for some $$$ and then bail out at the peak?

[Flexacon]

If BTC climbs back up to where it was ($60K or higher) doesn't that mean that the little meme coins like Doge, Shib, Kishu, will take off too?

If that is the case, why are the BTC fans not putting a few thousand on the little coins? 

Some BTC fans do do that. Maybe not meme coins, but definitely some of the better alt coins. They just don't always talk about it or plain act like it's a ridiculous thing to do. They need to stick to the BTC maxi narrative.

  It seems if some of these like Shib or Kishu were to hit $0.01, there would be tidy gain made.

Coins like shib are intentionally created to be small decimals like 0.000094 so people think oh it only needs to increase a small amount to get to 0.01 and they'll see massive profit. The reality is that's a huge increase. For it to get to that kinda value it would end up having a huge market value, on par with ETH. Extremely unlikely that'll happen. It's just a con to lure people in.

[LurkerNoMore]

Some BTC fans do do that. Maybe not meme coins, but definitely some of the better alt coins. They just don't always talk about it or plain act like it's a ridiculous thing to do. They need to stick to the BTC maxi narrative.

Coins like shib are intentionally created to be small decimals like 0.000094 so people think oh it only needs to increase a small amount to get to 0.01 and they'll see massive profit. The reality is that's a huge increase. For it to get to that kinda value it would end up having a huge market value, on par with ETH. Extremely unlikely that'll happen. It's just a con to lure people in.

Which ones are they?

[Flexacon]

Which ones are they?

That's where you need to do your own research 

Everyone has different ones the like. Read through maybe the last 15 pages on here and you'll see several mentioned. (You might have missed the boat when it comes to value though. Wait for another dip)

[obsidian]

Because when they drop they drop big time relative to btc. Plus they are zero use shit.

Bitcoin also has zero usage as a store of value. You either buy and hodl or buy low sell high. It is pointless to use BTC for anything if the purpose is a store of value. Well I guess you can earn APR on it at Blockfi.

Doge actually did not drop much more than Bitcoin. Bitcoin went from 64k to 30k and Doge from 0.7 to 0.3. Right now Doge is back at 0.43. So it has recovered more than Bitcoin.

Is still think Doge is going to $1, perhaps even this year. The dollar will lose value. It has higher inflation than Doge.

[Bindare_Dundat]

Bitcoin also has zero usage as a store of value. You either buy and hodl or buy low sell high. It is pointless to use BTC for anything if the purpose is a store of value. Well I guess you can earn APR on it at Blockfi.

Doge actually did not drop much more than Bitcoin. Bitcoin went from 64k to 30k and Doge from 0.7 to 0.3. Right now Doge is back at 0.43. So it has recovered more than Bitcoin.

Is still think Doge is going to $1, perhaps even this year. The dollar will lose value. It has higher inflation than Doge.

Ok you win. Doge and bitcoin are exactly the same thing. Selling everything and going into doge tonight. 

[Theoak*]

If BTC climbs back up to where it was ($60K or higher) doesn't that mean that the little meme coins like Doge, Shib, Kishu, will take off too?

If that is the case, why are the BTC fans not putting a few thousand on the little coins?  If seems if some of these like Shib or Kishu were to hit $0.01, there would be tidy gain made.

Again, I don't know shit about this venture... just asking a question based on something I have read.

Shitcoins cannot go up without Bitcoin going up. Shitcoin beliebers don't realize  that all shitcoin indexes are tied to Bitcoin. It's the way the algo bots trade, and there are a bizillion of them....

So shitcoins are going nowhere without Bitcoin pumping first, yeah they might have an intial gain of 3x. When btc dips, shitcoins dip even harder.  Notice every man and his dog is an elite trader during a bull market,  wait until a bear market hits and see how well these guys are doing.
DCA into btc and hodl until 2029.

Or alternatively follow this graph below and become an altcoin maxi

[obsidian]

Ok you win. Doge and bitcoin are exactly the same thing. Selling everything and going into doge tonight. 

LOL! Just kidding bro. Bitcoin is the granddaddy of crypto. If it shits everything else follows - for now. Ethereum was doing just great and reached 4.4K when Bitcoin was going sideways. Then after Alon's tweets BTC started to crash. Ethereum at first was resilient and held on pretty good.

But after a few days it started to crash as well. Cardano initially pumped because of the green narrative and people were speculating Tesla was going to use ADA. But then it too crashed all the way down to a little over $1.

So in this case BTC started the correction and the alts circled down the drain along with BTC. Now it is the slow road back to previous ATH. Because of weak fucking hands that sold back into the flawed dollar. Well I guess corrections are healthy and some people can make money if they time the dips right - by luck. But like gambling you can't always beat the market.

[obsidian]

Shitcoins cannot go up without Bitcoin going up. Shitcoin beliebers don't realize  that all shitcoin indexes are tied to Bitcoin. It's the way the algo bots trade, and there are a bizillion of them....

So shitcoins are going nowhere without Bitcoin pumping first, yeah they might have an intial gain of 3x. When btc dips, shitcoins dip even harder.  Notice every man and his dog is an elite trader during a bull market,  wait until a bear market hits and see how well these guys are doing.
DCA into btc and hodl until 2029.

Or alternatively follow this graph below and become an altcoin maxi

LOL! That's hilarious!

[Bindare_Dundat]

LOL! Just kidding bro. Bitcoin is the granddaddy of crypto. If it shits everything else follows - for now. Ethereum was doing just great and reached 4.4K when Bitcoin was going sideways. Then after Alon's tweets BTC started to crash. Ethereum at first was resilient and held on pretty good.

But after a few days it started to crash as well. Cardano initially pumped because of the green narrative and people were speculating Tesla was going to use ADA. But then it too crashed all the way down to a little over $1.

So in this case BTC started the correction and the alts circled down the drain along with BTC. Now it is the slow road back to previous ATH. Because of weak fucking hands that sold back into the flawed dollar. Well I guess corrections are healthy and some people can make money if they time the dips right - by luck. But like gambling you can't always beat the market.

Im really happy with my positions right now.  Looking forward to see where we  are a few months from today.

[Bindare_Dundat]

Good push up going now.

[gib]

Good push up going now.

The leveraged longs all got fully wiped out. So, now we have the shorts being squeezed. If they fail to liquidate, they may find themselves suddenly in deep pain as they start to get anally raped by a trickle of leveraged longs getting back into the game...

[Bindare_Dundat]

The leveraged longs all got fully wiped out. So, now we have the shorts being squeezed. If they fail to liquidate, they may find themselves suddenly in deep pain as they start to get anally raped by a trickle of leveraged longs getting back into the game...

Agreed.

Itll snowball as confidence grows. Like I said earlier, a move past 40k will probably rocket this up real quick, killing anyone still in a short position. I'd be sweating if I was in one right about now.

But we'll see, its crypro after all, anything could happen

[gib]

Agreed.

Itll snowball as confidence grows. Like I said earlier, a move past 40k will probably rocket this up real quick, killing anyone still in a short position. I'd be sweating if I was in one right about now.

But we'll see, its crypro after all, anything could happen

Yep - fun times. For me I don't trade with leverage and simply just hodl. But still fascinating to watch and speak with friends who are serious crypto traders.

[Bindare_Dundat]

Elon fuckface just cant stop tweeting.

Someone please put some lead into this guy. Lol

[gib]

Elon fuckface just cant stop tweeting.

Someone please put some lead into this guy. Lol

Agree, fuck Elon. He and associated scammers are clearly operating with impunity in an area outside of SEC regulation. I hope the market fights back and screws these guys positions.

[gib]

I just bought a token of $1000 @ 38K, to play my part in the Elon Fightback!

We should all buy a little BTC immediately as he tweets anything designed to benefit leveraged shorts.

Strength in numbers...

[Mayday]

Same as last time, the market is on an edge already and he kicks it off.

The bullish talk on Twitter the last few days has been crazy yet 2 weeks ago it was ‘weekends are for dumping’...... is this not a weekend coming up lol?

The reality is this. The market is sick enough that a single tweet triggers a sell off. Below 32k is no man’s land to 19k.CME futures gaps are 19k and 25k.

Binance announced their insurance on liquidations is toasted. They are plugging gaps with their own funds and implemented an 8% charge on any liquidation. That will is end up market wide. don’t bank on 10x YOLO buyers coming in to save holders from these massive dumps.

[Bindare_Dundat]

What is that guys malfunction and why is anyone selling on his tweets? The only silver lining is that it hasn't dumped further. Lets see how it handles the next few days.

Can we all just short Tesla into the fucking ground now? Lol

And sell  your fucking doge. If yoire still holding that shit, you're part of the problem 

[Mayday]

I’m not holding anything don’t worry.

Elon definitely has a plan. He is an energy tech guy. He has mates who dump when he tweets, it’s just a plan to cause liquidation avalanches.

It’s clear he requires a tanked market so I’d say he is going to create his own crypto.

[SOMEPARTS]

Agree, fuck Elon. He and associated scammers are clearly operating with impunity in an area outside of SEC regulation. I hope the market fights back and screws these guys positions.

Hilarious irony! Yes, beg for more oversight. Being played like a Stradavari.