Official Bitcoin Thread

[ballinsam23]

Do y'all think we'll touch 4k eth again this year, or just hold until 2022-2023

Honest guess? No.

There needs to be months of sideways action. When there's silence and people arent talking about crypto every day, that's when a reversal will catch most people off guard.

 

[johnnyredstorm]

You’re not seeing all time highs until 3rd or 4th quarter at the earliest.

 

[stuntman mike]

i’m buying ETH on the way down. got a little more today. swapped most of my ETH for ID so imma have to build it back up again.

i’m also quickly finding that price predictions with respect to short-term time frames are not something i want to entertain. the twitter thread johnnyredstorm posted about what moves the market was super interesting. i’d be better off asking an anthropologist or a sociologist than someone who can read charts. i’m picking projects i like. that’s pretty much it now. i really enjoy when you guys detail why the projects your investing in actually have value.

 

[johnnyredstorm]

Getting stupid bullish on rune

 

[stuntman mike]

thanks for posting that vid. that’ll likely be the only thing i grab after i build up my ETH.

 

[pdino]

High short activity on BTC per datamish

 

[johnnyredstorm]

Bear market things

 

[datznasty]

Twe chart looking sexy af

 

[D Double]

 

[deeksdog]

johnnyredstorm do you keep your AMP on Gemini / exchange, or move it to a hardware wallet?

I think I’m just dense, but I’m ordering hardware wallets now for BTC and ETH…and was looking at ledgers site…can’t really determine if it supports AMP or not, I’m thinking no, and if not is there another hardware wallet you’d recommend for AMP cold storage?

 

[sole searchin]

johnnyredstorm do you keep your AMP on Gemini / exchange, or move it to a hardware wallet?

I think I’m just dense, but I’m ordering hardware wallets now for BTC and ETH…and was looking at ledgers site…can’t really determine if it supports AMP or not, I’m thinking no, and if not is there another hardware wallet you’d recommend for AMP cold storage?

Stake it

still need to do it but planning to add a bit more then stake

 

[deeksdog]

I plan on staking some of all 3 of the coins I have, but wasn’t gonna put 100% of it on one exchange…maybe I’m being over paranoid, but feels like putting all eggs in one basket.

I’m still newish to crypto (late last year), so I’ve opened/verified accounts and made purchases at most exchanges (kraken, Gemini, coinbase vi la CBpro and Binance.US….have also utilized coin flip for cash conversation)….

but as of now, I’ve just been using a hot wallet (trust and metamask), and had some time this weekend, so was looking into the cold storage options…as I don’t want to leave it all in my hot wallet/ on exchanges (not so much as being hacked, which could happen, but more if regulations step in and stop the transfer of coins from hot or exchanges…and that may never happen), just trying to diversify my holding methods for the long haul since I am not trading

 

[johnnyredstorm]

You’ve got the right idea for sure to lock it up in a wallet if you aren’t going to stake it

some thoughts on SNX (no position)

 

[deeksdog]

You’ve got the right idea for sure to lock it up in a wallet if you aren’t going to stake it

word I hear that! You staking AMP on Gemini? Recommendations if you’ve used Ledger and aren’t a fan? I’ve been looking at the ledger X and BC vault.

 

[johnnyredstorm]

Ledger live is easy to use and you can stake and play with defi from it

 

[ballinsam23]

I want to do any experiment and see how much I’d be up if I bought every Monday morning and sold every Friday.

 

[johnnyredstorm]

More if you buy Sunday at 3am est and sell Thursday afternoon

 

[sharpshooter718]

I want to do any experiment and see how much I’d be up if I bought every Monday morning and sold every Friday.

You would be down terribly ... Bitcoin usually dumps Thursday -saturday... Especially at the beginning and end of the month....

 

[CrownRoyalDaddy]

Im thinking about staking on flexa capacity, maybe at my next token milestone

 

[onthenephs]

Dam everybody watchin hoping it stays low till the 30th lol.

 

[stuntman mike]

Im thinking about staking on flexa capacity, maybe at my next token milestone

i’m definitely going to stake on flexa but i keep waiting for my full trading balance to be withdrawable. funds cleared long ago so i don’t understand why. don’t want to do multiple partial moves and waste gas.

 

[johnnyredstorm]

Coinbase will clear withdrawals immediately but Gemini doesn’t. If I need to trade an alt on a dex I go through Coinbase and pay the extra fees rather than using pro.


Feel like this should be bullish for uni, rune, perp, fst long term. Everything Binance offers on a decentralized level that doesn’t require kyc

 

[townbidness]

Dam everybody watchin hoping it stays low till the 30th lol.

why the 30th?

 

[charmcitykid]

copped a little bit of $AMP

my coworker is going hard selling me on $HEX. Any thoughts on this by the experts on here?

Richard Heart is a genius, but HEX is going nowhere.

 

[stuntman mike]

Coinbase will clear withdrawals immediately but Gemini doesn’t. If I need to trade an alt on a dex I go through Coinbase and pay the extra fees rather than using pro.


Feel like this should be bullish for uni, rune, perp, fst long term. Everything Binance offers on a decentralized level that doesn’t require kyc

bummed that we can’t use coinbase here. i think it’s not clearing because of all the ETH i’ve bought recently that was either transferred out and swapped or put into earn. for some reason it almost seems like they’re holding my AMP trading balance as collateral (no pun intended).

whenever i see problems with regulators, i see why everest is pushing so hard to meet regulatory compliance with their systems in order to pacify governments/financial institutions to adopt crypto. if regulated defi is part of the future, they’re positioning themselves nicely.

anyway, i’m happy to have this sideways action. i was kinda bummed that i swapped away so much ETH so hopefully i can accumulate more at a decent price.