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

[Mayday]

Well that aged fast, crypto and stocks all round markets are still getting smashed. So yes I think the luna thing is priced in barring some shady information like you said. Peak inflation last month was 8.3%, numbers just released. Hence the blood bath continuing  as the fed will continue to tighten for a few more months yet.

Glad to see all the shitcoins getting absolutely slaughtered and btc holding its own against the blood bath.

BTC tapped 27.6k and holding around that 28.7k abyss point.

The bottom isn’t in and we now have a path to 21k now thanks to degenerates going 100x long. My feed full of every bastard longing. Huge Pump imminent apparently…. Shit is crazy right now.

As for the Fed tightening, inflation reversed. That’s a marker and Fed needs to tread carefully now.

[FitnessFrenzy]

BTC $ 27,348.25

[Mayday]

So yes I think the luna thing is priced in barring some shady information like you said.

People still aren’t learning and continue to long into Luna. $0.19 now.

This is peak degeneracy. Nothing has changed and yet still no shortage of Mongs longing with leverage into LUNA.

This is happening to all coins right now because people just don’t get it. 30k is not the bottom. Longing from ‘the bottom’ and it’s simply providing the fuel to send it the other way.

[Flexacon]

Tether starting to look wobbly now. Low $0.90s

There is a run on Coinbase. People moving their coins out because of a new amendment to their terms.

[Mayday]

Tether starting to look wobbly now. Low $0.90s

There is a run on Coinbase. People moving their coins out because of a new amendment to their terms.

I was up until 130am this morning watching it all play out and I had a whacking Chunk in Tether for the FX play. I saw happened to UST and USDT wobble ever so slightly. Made a call to sell at 0.998 and go back to Ozzie Pesos and not worry about anything. Now I see a 0.94 low so far today and I feel much better lol.

BTC dominance at 44.3 now so we are getting some traction on alts being demolished. Target is 47% then hopefully a break above it.

[robcguns]

Tether starting to look wobbly now. Low $0.90s

There is a run on Coinbase. People moving their coins out because of a new amendment to their terms.

What is the new amendment to their terms? I’m not aware of this.

[Gym-Rat]

What is the new amendment to their terms? I’m not aware of this.

If they go bankrupt they can keep your crypto...

[Flexacon]

I was up until 130am this morning watching it all play out and I had a whacking Chunk in Tether for the FX play. I saw happened to UST and USDT wobble ever so slightly. Made a call to sell at 0.998 and go back to Ozzie Pesos and not worry about anything. Now I see a 0.94 low so far today and I feel much better lol.

BTC dominance at 44.3 now so we are getting some traction on alts being demolished. Target is 47% then hopefully a break above it.

Watching Luna cascade like that was nuts!

Tether "found" a $billion plus in swaps with a 3rd party and looks like it might be be okay.

All the comments I'm seeing is people saying they aren't messing with alts again. BTC and ETH is all they will trust now. I hope they mean that and alts truly capitulate because I have about 10 legit alt projects I'd love to buy dirt cheap and wait for sentiment to change.

[robcguns]

If they go bankrupt they can keep your crypto...

Hahaha wouldn’t doubt it.

Wow just looked it up and you weren’t kidding.

[robcguns]

You guys think we are still far from a bottom? Prices right now are looking so good I’m dying to buy but I was a few days ago as well and it dropped more.

[Mayday]

Watching Luna cascade like that was nuts!

Tether "found" a $billion plus in swaps with a 3rd party and looks like it might be be okay.

All the comments I'm seeing is people saying they aren't messing with alts again.

Yeah dude was epic. 4yrs of sleep haha.

Stablecoins confirmed what everyone suspected. Are you fully backed as claimed? No lol.

This isn’t even as bad as it gets and that’s what worried me. Sure you sit in…. It’s 0.2% down then 3% then neck minute 10-15-20-40% right when you want to buy…..

[Mayday]

You guys think we are still far from a bottom? Prices right now are looking so good I’m dying to buy but I was a few days ago as well and it dropped more.

Think of it like this.

You just met a girl and she has scabies. You are asking us, hey guys do you think her scabies have peaked?  She is looking so good right now I’m dying to fuck her but she was looking good a few days ago but then her scabies got worse…..

My answer to you is yes. Her scabies has peaked and you should jump right in. But I want to see you do something utterly disgusting so I can get a chuckle. So my answer probably isn’t good for you.

[robcguns]

Think of it like this.

You just met a girl and she has scabies. You are asking us, hey guys do you think her scabies have peaked?  She is looking so good right now I’m dying to fuck her but she was looking good a few days ago but then her scabies got worse…..

My answer to you is yes. Her scabies has peaked and you should jump right in. But I want to see you do something utterly disgusting so I can get a chuckle. So my answer probably isn’t good for you.

Yeah I get that. Just trying to get a general consensus of where the bottom could be going. Everyone is saying different stuff. Guess I’ll wait a few more days and see what happens, the prices are so nice now it’s hard to resist.

[Mayday]

Yeah I get that. Just trying to get a general consensus of where the bottom could be going. Everyone is saying different stuff. Guess I’ll wait a few more days and see what happens, the prices are so nice now it’s hard to resist.

Ok fine and no sense of humour.

Daily close above 28.7k issa ok.

Daily close below 28.7k issa not ok and you look for 25.4K and then 19k. After that it’s 10k.

Just wait IMO.

[robcguns]

Ok fine and no sense of humour.

Daily close above 28.7k issa ok.

Daily close below 28.7k issa not ok and you look for 25.4K and then 19k. After that it’s 10k.

Just wait IMO.

Haha I have a sense of humor just busy morning. Thank you. Would love to see 10k.

[Thin Lizzy]

You guys think we are still far from a bottom? Prices right now are looking so good I’m dying to buy but I was a few days ago as well and it dropped more.

No one can consistently call tops and bottoms. People just pull numbers out of their asses.

All you can do is follow the trend and it’s currently DOWN. Same with the stock market.

[robcguns]

No one can consistently call tops and bottoms. People just pull numbers out of their asses.

All you can do is follow the trend and it’s currently DOWN. Same with the stock market.

I understand, just like to pick everyone’s brain involved and go from there. Prices are so nice right now it’s hard not to bite.

[FitnessFrenzy]

ETH $ 1,935.33

[El Diablo Blanco]

Burn fucker burn.  I want to see the housing market just drown in fire.

[FitnessFrenzy]

[El Diablo Blanco]

This whole terra Luna shit is such bullshit.  It didn’t magically just vanish.   These fuckers that created it and run it fucked over everyone taking cash for themselves. It was a con from the start.  Just like Bitcoin has holes in it from being “untraceable” where now people can trace it.  All of these alt coins are scams.  All. 

[Mayday]

Burn fucker burn.  I want to see the housing market just drown in fire.

Some relief from recent insanity, sure.

A crash? No. It’ll go up again but not as quick.

You will spend every single cent on property and food and you will be happy.

No one can consistently call tops and bottoms. People just pull numbers out of their asses.

All you can do is follow the trend and it’s currently DOWN. Same with the stock market.

Spot on.

There are ways to spot a bottom in the current environment but we won’t know the exact price in advance. You only know once it’s in.

Luna is a great example. Belted down -50% and people jumped in at ‘the bottom’. Hit -50% and more bought at ‘the bottom’. Then -50%. Then -80% etc. It went from $100 now down to $0.02. Is it the bottom? Well LUNA is now being forked…… so no, the bottom is not in lol. But had people just waited and had patience they wouldn’t have gotten burned.

[Mayday]

I understand, just like to pick everyone’s brain involved and go from there. Prices are so nice right now it’s hard not to bite.

Here are all my ranges to help anyone if they want it.

For now only focus if we get a daily close at or above 28.7k. The overall economic trend is down so my belief is we lose 28.7k and go to 19k. That’s my next target.

We have a handful of weeks for this to play out.

[robcguns]

Here are all my ranges to help anyone if they want it.

For now only focus if we get a daily close at or above 28.7k. The overall economic trend is down so my belief is we lose 28.7k and go to 19k. That’s my next target.

We have a handful of weeks for this to play out.

Thanks mayday.appreciate your thoughts.

[Theoak*]

I understand, just like to pick everyone’s brain involved and go from there. Prices are so nice right now it’s hard not to bite.

Here is my belief of some who has continually bought from $200 all the way to 68k. Jump in, don't try time it. Nobody knows for certain short term. My personal opinion, we won't see sub 20k ever. If next inflation numbers come out lower than 8.1 then we will see rally in the markets. If higher then maybe 24k.

Don't be a speculator/gambler, you're young enough to dump enough money In  and hold on for 5-10 years. Alts are getting flushed like last cycle, people are suiciding. Next wave a new batch  of idiots will come in and buy the next best shitcoin only to get dumped on.

Stick with Btc, you're a family man. Secure their future.