How about the next 48hrs, do we feel that it will dump again? We can't still predict exactly what will happen and I could say that predicted it right today but I don't feel that you can make it in the next 48hrs.
With all this market flows, it sounds like that bullish seems to be impossible to show up, not in the bearish season also. If the market will still be like this until the year-end, it'll be fined for me.
I think we have reached the bottom for now. 4-5 days of sideways action. Maybe recovers a few hundred but stays under 10K NEXT PREDICTION: By September 5th...bitcoin will be between 8200-8600 range. I know it’s a big range. But that’s still a huge drop from here.My feeling is that euphoria is over for now. We will see 8k, 7k, 6, maybe 5k. On our eventual way up to 60k Again, I’ve been in this game since 2014 and I can SENSE the general mood out there. People are getting a bit scared. Good buying opportunities are coming soon. When do you think we'll break $20,000?
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It's only a matter of time. Big time money is flowing in, under the radar!Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers. https://twitter.com/brian_armstrong/status/1162185049699057664 I would love this to be true but Brian Armstrong is completely full of shit As bad as novogratz?
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It's only a matter of time. Big time money is flowing in, under the radar!Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers. https://twitter.com/brian_armstrong/status/1162185049699057664
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Indeed, these are dark days for Monero and alts in general. Bitcoin maximalists are taking victory laps and high fiving each other. Our day shall come, soon......
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Good overview with interesting insights at how the IRS is trying to tackle crypto holders. I recently got hold of a presentation given to special agents in the IRS Criminal Investigation division that discussed investigating taxpayers who hold crypto. I went through all of the 181 horribly formatted slides (attached for reference haha) and here's what I learned... https://twitter.com/CryptoTaxGirl/status/1148370517415456768
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$18,156
Because we're in a raging bull market.
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Nice, we cracked the top 50 a few times, it'll be nicer when we get into the top 10(USD).
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What's the easiest way to stake an address? Creating a paper wallet, from coinbase, or electrum? Or something else? Thanks!
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Ok, I’m going to sell 15% at $25,000. JJG, you’ll be happy to know I’ve perfected my plan now in theory.
Way too much way too early. 1% maybe at $100k. Maybe. I think we’ll see $100,000 per BTC in 2021 (mid to end of the year). It’d just be nice to take something off the table a bit earlier. I was a millionaire (GBP) in unrealised/unbanked BTC during the last bull run & I sold nothing. The drop to $3,000 was gut wrenching, I thought I’d ruined my life by selling nothing near the top. I’m not going to make that mistake again this time. I know everything points to us breaking 6 figures (USD) per coin on this cycle but I want some insurance against a potential crash. I’ll be selling 15% at or near $25,000. Don’t do it in one hit. Scale out. Sell 1.5% for every $1k rise from $20k to $30k. That way if it hits $23.5k and retraces you won’t hate yourself. Also if it hits $30k you won’t hate yourself. Personally I think $25k is too low a target but I can appreciate that some people may have a hell of a lot more than me invested in Bitcoin and need to recoup a fraction of their investment. Make sure you have a longer term plan for Bitcoin hitting $1 million in another 10 or 15 years. I agree, selling at $25,000 will be too early. If/when we break $20,000 we should conservatively reach $30,000 to $35,000. That's the point I plan on selling 10% to 15%.
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Libra is a centralized stable-shit coin.
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It's finally here... The Bitcoin Super Guppy has flipped green on the 1-week chart 2012: 400-day uptrend followed a flip green 2016: 700-day uptrend followed a flip green 2019: the 1W Super Guppy has finally flipped green and it shall be a bountiful market the next few years https://twitter.com/Josh_Rager/status/1140797717951733760
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Like Hairy said, don't short bull markets.
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Breakout coming, fasten your seat belts.Are we about to break out of this 6-month on-chain BTC volume range? It would be the precursor to the sustained bull run if we did. As @woonomic stated in his analysis yesterday, such a rise in on-chain activity would signal big players BTFD. I am watching this closely 🧐 https://twitter.com/PositiveCrypto/status/1136630301147488256
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