Bitcoin Price Thread

[orbit23]

fuck, perfect time to launch an alt

Unironically that's exactly what i am doing right now

But there is a flood of new tokens though, so it's not that easy.

 

[orbit23]

I will be shorting BTC and ETH today/tomorrow probably.

Balls deep on ETH short(soon). Is this a stupid idea? Feels stupid and wrong, i deserve to get fucked.

Premise is that it *could* be a top, VIX is dangerously low. Not expecting an end of bull market, but solid correction/ rug pull. Market is very unkind to stupid bears though.

 

[tsznecki]

Majors do feel toppy. I wonder though if they sell off does it drag down the overall mkt or does capital rotate into alts.

Historically everything goes down with BTC but this cycle feels different.

 

[orbit23]

if btc dumps down fast, then hard to see not everything going too. Sometimes altbtc pairs rally.

But IDK it's fkn saturday and doge is already down 50% from the top, unlikely to sell off now imo, already happened

 

[RedDuke]

I will be shorting BTC and ETH today/tomorrow probably.

Balls deep on ETH short(soon). Is this a stupid idea? Feels stupid and wrong, i deserve to get fucked.

Premise is that it *could* be a top, VIX is dangerously low. Not expecting an end of bull market, but solid correction/ rug pull. Market is very unkind to stupid bears though.

how do you short them?

 

[Cuddles]

I will be shorting BTC and ETH today/tomorrow probably.

Balls deep on ETH short(soon). Is this a stupid idea? Feels stupid and wrong, i deserve to get fucked.

Premise is that it *could* be a top, VIX is dangerously low. Not expecting an end of bull market, but solid correction/ rug pull. Market is very unkind to stupid bears though.

shorting ETH? Have fun with your poorcel goals of 2021 and beyond

 

[orbit23]

binance futures or literally any other exchange..

I am looking ot buy the shit out of DGB and XVG.. DGB looks better. Those are 100%, pure normie coins. Would not be surprised to see Elon Musk tweet about DGB next

 

[Covertibility]

https://twitter.com/x/status/1383423982813081605

 

[Cuddles]

I will be shorting BTC and ETH today/tomorrow probably.

Balls deep on ETH short(soon). Is this a stupid idea? Feels stupid and wrong, i deserve to get fucked.

Premise is that it *could* be a top, VIX is dangerously low. Not expecting an end of bull market, but solid correction/ rug pull. Market is very unkind to stupid bears though.

did you short?

 

[Pekelo]

https://coinmarketcap.com/headlines...n-hashrate-correction-caused-btc-price-crash/

"... it turns out that the blackout in China’s Xinjiang region caused almost half of the Bitcoin network to go offline in 48 hours. This blackout was due to maintenance after the massive flooding and security issue at power stations in China.

China’s Xinjiang province powers a huge chunk of Bitcoin miners. With this blackout, the BTC has rate collapsed significantly leading to further price correction.

Almost half the Bitcoin network has gone offline in just 48hrs. https://t.co/G7wD3grOEw pic.twitter.com/KihtY1nAhl

— Charles Edwards (@caprioleio) April 18, 2021"