Consolidated Crypto Traders/Chat Thread

Discussion in 'Blockchain & Cryptocurrency Mining' started by Optimus., Dec 15, 2017.

  1. shredder

    shredder Member

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    Whoop-de-shit, this "released a new wallet omg the price went up" bullshit is such a wanky metric. I mean yay, they're maintaining the bare basics of infrastructure required to run a coin, good on them.
     
  2. koss

    koss Member

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    It's interesting to compare in $US, the value of the most popular fiat and crypto currencies in circulation (M0 money supply). You can find a list here https://bitgur.com/ig/money-supply for some reason they left out the elephant in the room, gold, which is way ahead of ANY currency in circulation. Perhaps the M0 definition excludes it.
     
    Last edited: Jun 21, 2019
  3. dirkmirk

    dirkmirk Member

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    Starting to feel like a proper crypto rally
     
  4. Gunna

    Gunna Member

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    Watch the alts sitting at 50+ on CMC crash as people sell to buy Btc.
     
  5. douver

    douver Member

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    Thinking/hoping we are at a stage more like Dec 2017 for altcoins, altcoins /btc ratio dropped hard for 6 months leading up to Dec17 but the bitcoin pump eventually pretty much forced USD altcoin breakouts. Then people fomoed in hard...best not to talk about what happened next.
     
  6. Gunna

    Gunna Member

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    Over $10k for BTC
     
  7. dakiller

    dakiller (Oscillating & Impeding)

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    Here’s hoping this holds up and isn’t just a bull trap to then fall back down for another 12 months
     
  8. koss

    koss Member

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    BTC just broke $11k, good to see.
    $US is down, gold is up, the US is doing stupid things that are hurting faith in the dollar.
    Italy is threatening another bail in to fund the banksters, this time raiding safety deposit boxes to take 15% of the value or more.

    Seems to be a race to the bottom with global interest rates, that could be good for crypto as a safe haven.
     
    Last edited: Jun 22, 2019
  9. Gunna

    Gunna Member

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    No serious investors are putting money into BTC, it's just to volatile.
     
  10. koss

    koss Member

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    Yeah, the serious ones just by CDO, CLO, and other sub prime corporate debt.
    The hundreds of Billions in crypto are just silly moms and dads.
     

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