Bitcoin / Cryptocurrency Discussion (And Predictions)

[MitchC]

You do you and I do me. My posts are not meant to encourage belief. I was simply sharing my experience as I've done throughout this thread.

Staking is cool, I have also been doing the liquidity pool thing after reading the mark Cuban post earlier in the thread, both very cool concepts

 

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[Timmy C]

This was some great hopium!

https://twitter.com/x/status/1416556229422424066

View: https://twitter.com/CroissantEth/status/1416556229422424066?s=19


We are revolutionaries!
When Jerome Powel goes to sleep at night, we are in his head as he fires the money printer with his trembling hands.

View attachment Screenrecorder-2021-07-19-14-30-58-107(0).mp4

 

[AceVentures]

This was some great hopium!

https://twitter.com/x/status/1416556229422424066

View: https://twitter.com/CroissantEth/status/1416556229422424066?s=19

That little croissant drops quality alpha from time to time

 

[Timmy C]

That little croissant drops quality alpha from time to time

Never heard of that croissant until the other day.

 

[nitrousflame]

I'm guessing a certain tycoon in this thread would have some choice words for tokens that earn 5-digit APYs, but I'm over here like

 

[Bones81]

Just sitting here on the sidelines patiently waiting for the market to recover. Might take months, but will be well worth it.

 

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[AceVentures]

The S2F model is the only one that imo does a decent job at capturing the behaviour of bitcoin over the past decade.

Buying at a price below the S2F model has historically proven to be a valuable investment.

We're at an interesting price point relative to this model. If the model is indicative of anything, then a bounce is likely soon. If the price goes to 20k level bears are talking about, interestingly the S2F model would break.

So either we see a bounce, or the S2F model is wrong and maybe we could see a breakdown of the entire decade-long structure collapsing to well below 20k.

 

[nitrousflame]

Plan B vs dave the wave. Choose your fighter.

 

[Leo Hendrix]

Broadly off my mind; it would be like third party 'plugin/app/blockchain' that use the security of Bitcoin's network by creating its own security network within it. Basically, another blockchain inside that blockchain. Mathematical equation hidden by the network as a composition of letters in a combination of wallet addresses (like take first letter of each wallet, and then put tidbits of Bitcoin into a bunch of wallets.. and all those letters combined is the next equation that needs unlocked/computated).

The above sounds like multi-signature wallets...I haven't really looked at the deep tech side of things in the space.

But it sounds like a variation/adaptation/evolution of that.

I could be totally wrong.

 

[Leo Hendrix]

View attachment 39002

The S2F model is the only one that imo does a decent job at capturing the behaviour of bitcoin over the past decade.

Buying at a price below the S2F model has historically proven to be a valuable investment.

We're at an interesting price point relative to this model. If the model is indicative of anything, then a bounce is likely soon. If the price goes to 20k level bears are talking about, interestingly the S2F model would break.

So either we see a bounce, or the S2F model is wrong and maybe we could see a breakdown of the entire decade-long structure collapsing to well below 20k.

This is another model that could be interesting to consider:

bitcoin difficulty ribbon

 

[MitchC]

Just popped in to say I’m finally in the red over all after riding it to the top and holding.

it was easy to hold and watch my profit disappear because I had no need for that money but holding while the money I worked for disappears is much harder to watch.

 

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[dgr]

I'm guessing a certain tycoon in this thread would have some choice words for tokens that earn 5-digit APYs, but I'm over here like

What's that (3,3) about? (I've seen it on Twitter but couldn't find the meaning :/ )

So either we see a bounce, or the S2F model is wrong and maybe we could see a breakdown of the entire decade-long structure collapsing to well below 20k.

Either way, it seems like a good moment to buy some.

 

[Antifragile]

Just popped in to say I’m finally in the red over all after riding it to the top and holding.

it was easy to hold and watch my profit disappear because I had no need for that money but holding while the money I worked for disappears is much harder to watch.

Gains or losses aren’t real until you sell. It takes testicular fortitude to HODL when in red.
Did anything change in your opinion about cryptos? Or blockchain?

 

[Timmy C]

Just popped in to say I’m finally in the red over all after riding it to the top and holding.

it was easy to hold and watch my profit disappear because I had no need for that money but holding while the money I worked for disappears is much harder to watch.

If you don't need the money and you have no need for it at this time, don't stress.

HODL GANG.

 

[Timmy C]

I ran into Michael Saylor today when I went to get a bite to eat.

He seems to be enjoying his new role. He gave me great service.


.

 

[RequisiteRequium]

EU to tighten rules on cryptoasset transfers

Companies that transfer bitcoin or other cryptoassets must collect details of senders and recipients to help authorities crack down on dirty money, EU policymakers proposed on Tuesday in the latest efforts to tighten regulation of the sector.

www.reuters.com

2025 - EU draft wants to ban possession of anonymous crypto wallets

An unofficial draft by the EU Commission apparently wants to ban the provision and use of anonymous wallets. Cash transactions are also to be restricted for

gettotext.com

https://twitter.com/x/status/1417492422704173059

View: https://twitter.com/DeItaone/status/1417492422704173059


Wow...

 

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[Bones81]

Just popped in to say I’m finally in the red over all after riding it to the top and holding.

it was easy to hold and watch my profit disappear because I had no need for that money but holding while the money I worked for disappears is much harder to watch.

I know from personal experience, it sucks to watch a nice profit turn into a loss (I call them popcorn trades). It's easy to get into a mentality of letting profit start to reverse because you look at it as the house's money rather than your own, but it's not, it's all your money.

I had to learn the hard way a few times to protect profits. That's why now, once I get a decent profit, I'll move my stop-loss to at least breakeven and will then trail it up over time. Recently, I was able to get out of my ETH position close to the top because of this.

Not to be preachy or anything, but I've stepped on this rake a few times, so I'm hoping to spare others the emotional rollercoaster.

 

[AceVentures]

EU to tighten rules on cryptoasset transfers

Companies that transfer bitcoin or other cryptoassets must collect details of senders and recipients to help authorities crack down on dirty money, EU policymakers proposed on Tuesday in the latest efforts to tighten regulation of the sector.

www.reuters.com

2025 - EU draft wants to ban possession of anonymous crypto wallets

An unofficial draft by the EU Commission apparently wants to ban the provision and use of anonymous wallets. Cash transactions are also to be restricted for

gettotext.com

https://twitter.com/x/status/1417492422704173059

View: https://twitter.com/DeItaone/status/1417492422704173059


Wow...

"The ban on providing and owning anonymous crypto asset wallets should further limit the ability to conduct anonymous transactions with crypto assets."

Lol. Wait till they figure out a "wallet" is just open source code.

The "let's ban the internet" talks are picking back up.

 

[biophase]

Just popped in to say I’m finally in the red over all after riding it to the top and holding.

I literally only check prices and remember to buy more crypto when I check this thread and there’s doom and gloom. It’s like my reminder to dollar cost average.

 

[Ing]

EU to tighten rules on cryptoasset transfers

Companies that transfer bitcoin or other cryptoassets must collect details of senders and recipients to help authorities crack down on dirty money, EU policymakers proposed on Tuesday in the latest efforts to tighten regulation of the sector.

www.reuters.com

2025 - EU draft wants to ban possession of anonymous crypto wallets

An unofficial draft by the EU Commission apparently wants to ban the provision and use of anonymous wallets. Cash transactions are also to be restricted for

gettotext.com

https://twitter.com/x/status/1417492422704173059

View: https://twitter.com/DeItaone/status/1417492422704173059


Wow...

Well, I will have to write my name on my Ledger.....

 

[Ing]

Joke aside. For me it seems, that the Europeans want to elemiate the possibility to make anonymous deals with cryptos.
But its already now, that I have to verify myself before I can pay fiat into the crypto area.

And what does that mean further? The dont tend to forbid cryptos, otherwise they wouldn’t make such a dance about regulations. Imo thats a good sign.


@Timmy C you think, the running hype isn t over yet. I did some search about it and some pics seem to see,the pike at 142k in December.
Do you have some links for me for that theory? I only found some pics. Thanks.

 

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[Timmy C]

Joke aside. For me it seems, that the Europeans want to elemiate the possibility to make anonymous deals with cryptos.
But its already now, that I have to verify myself before I can pay fiat into the crypto area.

And what does that mean further? The dont tend to forbid cryptos, otherwise they wouldn’t make such a dance about regulations. Imo thats a good sign.


@Timmy C you think, the running hype isn t over yet. I did some search about it and some pics seem to see,the pike at 142k in December.
Do you have some links for me for that theory? I only found some pics. Thanks.

There are many models that try to predict all sorts of stuff.
Be prepared for anything.
I have just been buying coins for the last couple of months.
I donno what chart you are referring too but there is a bunch here

Home | Bitcoin Magazine Pro

The Bitcoin analytics platform designed to give clarity to Bitcoin investors. Trusted by professionals and accessible to everyone, Bitcoin Magazine Pro provides live Bitcoin charts and information using market cycle and on-chain analysis.

www.lookintobitcoin.com

 

[Ing]

I donno what chart you are referring too but there is a bunch here

https://stats.buybitcoinworldwide.com/cycle-repeat/

 

[nitrousflame]

What's that (3,3) about? (I've seen it on Twitter but couldn't find the meaning :/ )

I could write a long post, but the TLDR is that it's a meme around staking OHM.

Basics - Olympus

docs.olympusdao.finance

 

[MoneyDoc]

Finally got into "crypto"...

I just did it for the hell of it. Bought 2 BTC. No ETH yet. Might buy 10 or so.

The only thing that worries me is that 70%+ are buying BTC and ETH, with very little price changes. One thing I learned from sports gambling, never bet against the whales, i.e. the 30% that's selling.

 

[Timmy C]

Finally got into "crypto"...

I just did it for the hell of it. Bought 2 BTC. No ETH yet. Might buy 10 or so.

The only thing that worries me is that 70%+ are buying BTC and ETH, with very little price changes. One thing I learned from sports gambling, never bet against the whales, i.e. the 30% that's selling.

Price tends to not move if all coins are left on exchanges, but I donno.

One thing I've learned in crypto is if something drops 90%

It csn drop 90% another 4 times lmao.

 

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[Sethamus]

Finally got into "crypto"...

I just did it for the hell of it. Bought 2 BTC. No ETH yet. Might buy 10 or so.

The only thing that worries me is that 70%+ are buying BTC and ETH, with very little price changes. One thing I learned from sports gambling, never bet against the whales, i.e. the 30% that's selling.

Buy a few now, and when this thread lights up in the next 2 months time frame(which means it went up or down from 30-33K) buy some more.

 

[Sethamus]

View attachment 39002

The S2F model is the only one that imo does a decent job at capturing the behaviour of bitcoin over the past decade.

Buying at a price below the S2F model has historically proven to be a valuable investment.

We're at an interesting price point relative to this model. If the model is indicative of anything, then a bounce is likely soon. If the price goes to 20k level bears are talking about, interestingly the S2F model would break.

So either we see a bounce, or the S2F model is wrong and maybe we could see a breakdown of the entire decade-long structure collapsing to well below 20k.

Does 25K invalidate this?

 

[AceVentures]

Does 25K invalidate this?

Not sure but would probably be a useful chart to keep track of - the delta between today's price and floor of the S2F band. If the wedge on it shrinks close to the bottom -> betting opportunity on volatility.

 

[GPM]

EIP1559 for mining etheream is right around the corner, which should have major ramifications for any coin that can be mined with GPU's.... I'm interested to see what happens. Right after that either at the end of this year, or early next year, comes Eth2.0 which completely removed mining.

A few things I have heard mining power will go to: raven, ergo, Firo, Conflux