When is this much ballyhooed INJ explosion going to happen??
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BTC at ATH babyComment -
We are two months away from parabolic is my guess.Comment -
Yep, we're close.
The historical charts say we are close.
It's been somewhat amazing that there's been 3 months of sideways action what with all the good news and institutional money coming in like a freight train. The demand is shrinking the supply.
Some say we will never see $60K again....Comment -
Biggie what happened with that Safemoon one???Comment -
roaringkitty live on twitter 500k+ watching Here goes GMEComment -
I'm not sure what's going on, eheh. There's been lots of buying happening but the price isn't moving. I think most is (BTC) OTC buying because the market cap is presently at 2.55T. It was at 2.77T a couple of months ago and the all time high of 3.0T was hit way back in Nov 2021. But like the analogy of holding a beach ball under water, it will eventually spring out..... sometime soon.
There's talk of China opening back up to crypto. That would be huge. Just one of many things that will take time to manifest..... I'll be shocked if things aren't very different by September...Comment -
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JUP stakers: one new proposal to vote on @ https://vote.jup.ag/
I believe payouts will be starting in July.Comment -
Not much to chat about these days. Alts taking a beating.
Patience, it won't stay this way forever....
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A lot of things seem to be happening all at once this cycle … emergence of L2’s… blur nft farming over, memecoin capitulation .. eth gets etf by end of next month.. in flows/ out of btc seems stable, but yeah, havening happened, that’s usually the start of a bull cycle.. but this cycle definitely feels a bit different. Crypto has never seen a fed tightening, political discourse including Biden admin and sec going after crypto in general.. should get interestingComment -
The bull market doesn't start until 6 months after the halving. From April to October. It starts around October. Fake bull market right now.Comment -
Comment from Safedin Ammous:
Shitcoiners are finally beginning to get it. If there's a way to increase the supply, the supply will be increased until all the monetary premium is dissipated & holders are ruined. True for fiat, true for copper, and true for shitcoins. Not true for bitcoin!
...Of course, I like him (Safedin). But I think he's heavily invested in Bitoin, b/c that's the topic of his books. So, I think this view is tilted.
I understand why he'd jam Alt-coins. Flexible supply makes no sense. Immutable supply is basic thesis of Bitcoin.
He's chimed on about precious metals not having such a set supply. He claims that metals like Gold have a variable supply. If the price goes up, they'll just mine more. I don't really buy that argument. The mining expense to extract metals is massive. Gold has shown over 2000 years that the Au supply grows ~ 2% per year, which is very close to the World population growth. Gold per capita has been quite flat over time.Where's the fuckin power box, Carol?Comment -
Hope this chart copies. It displays US annual change in GDP (in Gold oz) after leaving the Gold Standard in 1971:
Where's the fuckin power box, Carol?Comment -
I know that everyone is mostly positive in this thread. WTF is up with this #?Where's the fuckin power box, Carol?Comment -
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Miners selling. Germany selling BTC on the open market instead of OTC for some reason. Now I'm checking the price every 10 hours or so. In a few months we'll be checking the price every 10 minutes.Comment -
Selling Bitcoin is too risky.
You never sell your Bitcoin, you buy or earn it, then you hodl it. that's it.
Michael Saylor explains why trading Bitcoin is not a good idea.
Do not try to time the market. Remember, time in the market beats timing the market, period. July or August can be a local top also, you never know. What if WW3 breaks out? Just HODL and chill..Last edited by Sawyer; 06-26-24, 06:46 AM.Comment -
Checking Bitcoin price often is a behavioral disorder. You own the most scarce, finite asset in universe with unelastic supply, why check its price in short term?
Gold prices go up, you can mine more gold.
Corn prices go up, okay you can plant more crops.
Bitcoin price goes up, well, you cannot mine more bitcoin. Supply is finite, capped at 21 million.
Even if you gather most powerful computers on earth, still you cannot earn more then 3.125 bitcoin every block. (Mining a block takes approximately 10 minutes)
So approximately 450 bitcoins mined every day.
Secure your Bitcoin and Hodl.
Don't mess with shitcoins, cryptoshit, they're scam.
Remember, Bitcoin and Crypto are different things. Bitcoin is not crypto.Comment -
when it starts going parabolic, I can't help but check every 10 minutes but I have a lot of alts too.
Let's hope we get all the bad news out of the way in the next two months. US just put 4,000 BTC on Coinbase. Mt. Gox is going to start selling in July. I have no idea why governments are selling spot instead of OTC.Comment -
Coinbase isn't supporting ASI. If you have FET, AGIX or OCEAN at Coinbase, take it out.Comment -
Man, alts are scam. Altcoins are a distraction.
Bitcoin is seperation of money and state. Nobody can know when bear market will start, when bear market starts all these alts will rot %95-98. Then, they will market new altcoins. Just stick with Bitcoin and don't fall for altcoin trap.
Guess why governments ''declare'' that they send bitcoins to coinbase? How many bitcoins US Government hold at the moment?
US Government holding approximately 200k bitcoins for almost a decade. They're just trying to spread FUD. Don't fall for the trap, just chill and hodl, enjoy discounts if market crashes.
Hodling Bitcoin is easy, relaxing, peaceful. When you acquire bitcoin, you better hodl it at least for a decade.
When you hold alts, it's very stressful because altcoins don't have any intrinsic value, they're totaly fugazi and centralized.Comment -
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Reminder: Bitcoin was 0,78$ 13 years ago.
Bitcoin will reach +1,000,000$ in 10 years easily.. (maybe much more sooner)
Btw, what do you think about DELL Ceo keeps tweeting about Bitcoin?
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Solana has 5 meme coins in the top 200. Solana introduced blinks and did more than 40m transactions on Wednesday. It can be integrated into all social media https://news.bitcoin.com/solana-intr...he-web2-space/
Solana recently introduced new functionality to its network, bringing Blinks (blockchain links) to the Web2 space. Now, users and developers can take wallet actions, like making a transaction, a donation, or a vote using a wallet address, wherever a URL can be shared, enhancing the user experience in legacy web applications or even on X.
Last edited by raiders72001; 06-29-24, 09:50 AM.Comment -
Over 1 million tokens were launched since April 2024. Majority of these memecoins, I mean shitcoins were on SOL network.Solana has 5 meme coins in the top 200. Solana introduced blinks and did more than 40m transactions on Wednesday. It can be integrated into all social media https://news.bitcoin.com/solana-intr...he-web2-space/
Solana is a shitcoin factory. Image you posted confirms it.
Do you want me to tell you the math behind this? I'm expecting Bitcoin to go beyond 2 Million Dollars in 10-15 years. I will make a seperate thread about it. Stay tuned! I will explain why Bitcoin is going beyond +2 Million Dollars..Comment -
IMO, Solana is right up there with Bitcoin and Ethereum as a trusted long term investment. There's talk of Solana ETFs coming down the pike.
I believe "influencer" Raoul Pal has stated he's 90% into Solana for this bull run. Pretty sure he got in when Solana was sub $20. He's probably going to make a lot of money over the next year or so if things don't get hi-jacked (black swan, WW3, fake bird pandemic, man made food shortage, etc).
Everyone plays the game a little different.
I got out of my 401K and traditional finance and went all-in in crypto. I only keep enough fiat in the bank to pay the bills. Bitcoin and Ethereum are my new savings account. I have several top 100 coins that serve as my new checking account. Many are earning passive income (staking) - a lot more than a bank would offer. If you have all your money/fiat in a bank, you're losing value over time. The main stream media won't tell you this.
Gold/Silver are excellent stores of value away from "the system" although very mundane compared to the high volatility crypto market.
Playing around with the meme coins is not much different than betting the long shots at the track. One hit can make up for 10 losses. Risky business but that's the way it is in the crypto casino. It takes a lot of work and study to stay in the green because it is very easy to get rekt.
Hodling Bitcoin and Ethereum (and probably Solana) is for the long term minded - minimum 5 years, 10+ years preferred. There is no better investment in the world, IMO. There may be other coins that eventually get this blue ribbon status.
Bear markets are for buying and hodling. Bull markets are for selling and hodling.
One can invest into Bitcoin and hodl and be done with it. Don't touch it, just let it grow. Or one can fool around with lesser coins that will have better/larger short term multipliers.... Very important not to fall in love with one of these coins. Many well known coins simply go up or down depending on bull market or bear market. That can lead to a net gain of zero long term. Many will eventually slip into extinction.Comment
