Official Bitcoin Thread

[oidreez]

CZ just flexing now...

I just went to ftx arena on wiki and did not see this

 

[Air Champa]

Well you know it's never good when you see Coinbase trending. Hope nobody needs their money right now.

I've said this before, but I'm only putting maybe 10 percent of my money into crypto from now on. A few hundred bucks a month is as hard as I'm going.

Just think of where we were at last year at this time if you want to get depressed. Good, euphoric feelings were everywhere.

 

[stuntman mike]

Just think of where we were at last year at this time if you want to get depressed. Good, euphoric feelings were everywhere.

BTC to $100k

 

[Air Champa]

What's sad is there's still people out there faithfully waiting on that 100k BTC.

Just looking at where some of my big brain decisions are at for kicks:

Wonderland Time - $11.86. Was 9k.

Thor - 0.55 cents. Was $400 + at one point

Stronger - $1.64. Strong was $1000 + at one point.

And despite all of this, there's still a cult like loyalty to some of these projects. Try to tell people it's over "Don't spread FUD bro. WAGMI!!!" The delusion optimism in crypto is something else.

 

[mplsdunk]

We all fell for at least one of those traps too.

The boys were all gonna get rich off time. Half us were gonna get rich off strong and maybe 25% off Thor.

“Dani is buying a Ferrari dealer!” Like f me if that wasn’t a red what is?

 

[stuntman mike]

i’m not allowed to say “klima” at home.

but forreal, i still have faith that things will turn around. it might be different, regulated, but it’ll pop off again. hopefully less ponzis and more viable use cases.

 

[Air Champa]

Yeah, it's hard to believe this super genius who'd found a way to make everyone millionaires off a few grand didn't really exist

Crypto is just different like that, they said.

 

[waukeganwill]

Damn…so its over yall? :-(

 

[JusaVibe]

This **** is over bruh. DAMN

 

[Air Champa]

Some of us are just poking fun at some of our bad decisions.

If you had money put into Doge and took profits here recently, you're up 100+ percent on your investment. I know people say s#@! coin, but money is money. People just need to move more carefully. That's all.

 

[mplsdunk]

No it’s not over. Just the get rich quick ponzis are toast.

 

[Air Champa]

Speaking of which, I think Horde might be done. Another one of the "good ones" going down.

 

[D Double]

I think we see a single digit SOL price once it's all said and done. Alameada needs to liquidate their positions and there would also be cascading liquidations from lending platforms.
There's also a 2 day cool down period to unstake so others unstaking will push the price down even further in the next 48 hours.

On the bright side, that's one concentrated supply removed so it becomes more decentralised as a result. Solana is bigger than SBF especially after that conference. Fundamentals haven't changed but it is going to be BRUTAL.

Going to be running into a burning building when buying $9 SOL. Reminds me of ADA when it went -9x% but bounced back for the bull run.

I think Alamaeda got destroyed the same time as 3AC but FTX tried to cover it user funds leaving a big hole meaning they couldn't cover all users in a bank run.
CZ smelt blood and activated his trap card when SBF started lobbying against him behind the scenes triggering the bank run.

Who needs Netflix with all this drama in the cryptoverse.

 

[mplsdunk]

all I know is I can't wait until my staked eth is unlocked already so I can take it off line.

 

[turbospartan]

 

[johnnyredstorm]

I bought time instead of doodles and kept my cool cat instead of flipping it for break even for a moonbird after mint

Definition of downbad on those two trades but at least I sold time and recouped a few eth

 

[DsLee]

I bought time instead of doodles and kept my cool cat instead of flipping it for break even for a moonbird after mint

Definition of downbad on those two trades but at least I sold time and recouped a few eth

I bought a strong node at just about peak, instead of doodles, and bought a cool cat in April after selling my Otherdeed. Also bought a dooplicator pre-reveal and hung on instead of taking profits SMH.. dope communities but more liquid would've been nice...

 

[sohi 23]

Solana is the first investment that really killed me.

Gah damn this **** sucks. I don’t even wanna sell it not I’ve already rode it all the way down to $15

 

[D Double]

Thought it would take another day but we're gonna hit single digit SOL today from the looks of it.

I'm not even worried about it and others dropping another 20 to 40%.
I'm thinking of entry points for potential life changing gains but there's so much news that its hard. Still though, I set targets for the coins in my hodl bag and its looking like I can actually increase them now.

Fundamentals haven't changed for me. I only regret not taking profits along the way but you live and learn.

 

[ballinsam23]

Not financial advice, but dont try to time the bottom here.

If you're in it for the next 2-5+ years whether you get 13k, 14k, 15k, 16k it really shouldnt matter.

 

[johnnyredstorm]

Just dca weekly without thinking about it and buy more if you want more on the big 15+% down days

No need to be a hero. We aren’t going anywhere until the next halving.

 

[stuntman mike]

binance walking away from the deal?! buckle up fam!

 

[Air Champa]

I bought SOL at $160 last year thinking it was a steal. Glad I sold at $200.

How many of these coins can make a big comeback and how many are just done is the question.

 

[mplsdunk]

I bought strong at the top too.

I made a killing off Sol and shib though so that offset it. I should have just bought a Ducati like all my friends instead of strong. It would be worth more now.

 

[stuntman mike]

if i had assets on ANY exchange, i'd yank them rn.