Is the crypto winter over?

[schizo]

I'm expecting 71K for today. But not sure if we will get another buying frenzy once we clear above 70K. Anyway, I plan to take some off the table at 71K.

I guess you can say goodbye to 70K

 

[schizo]

Whatever. You guys do what you gotta do, and good luck to you all. And I, as your favourite saying goes, will have fun staying poor.

Don't mean to add insult to injury, but just look at what happened tonight.

Looks like someone got pissed after reading this thread. Time to scoop up some more.

I guess you can say goodbye to 70K

And my sell just got filled here...

 

[johnarb]

Don't mean to add insult to injury, but just look at what happened tonight.

And my sell just got filled here...

The Coinbase circuit-breaker team/employees are still asleep... who knows how high bitcoin can go tonight, lol

 

[schizo]

The Coinbase circuit-breaker team/employees are still asleep... who knows how high bitcoin can go tonight, lol

I would like to say we've hit the high for the time being...

But this thing always seems to have a bag of tricks up its sleeve. Ya can't let your guard down. lol

 

[The_Krakenite]

Before you get too crazy again... do you hear that sound? Tick..tick..tick.. (Tether)

 

[Frederick Foresight]

I was just suggesting you take the opportunity to distance yourself from that one.

No thanks, I'm good.

 

[Frederick Foresight]

Don't mean to add insult to injury, but just look at what happened tonight.

Do you think we might possibly be talking about two different things? I never said bitcoin wasn't a speculative instrument. I just question its future as declared by the high priests. Did you not get that from my prior posts?

 

[semperfrosty]

Love this.Haha:

'Prime example of low-T, mid-IQ condescension.
Can't describe BTC but pretentiously whispers that it's worthless.'

https://twitter.com/x/status/1722667446832652490

[/QUOTE]

 

[schizo]

Do you think we might possibly be talking about two different things? I never said bitcoin wasn't a speculative instrument. I just question its future as declared by the high priests. Did you not get that from my prior posts?

Oh, I got it alright. You're looking out for the FOMO's best interest, who you believe will get hurt. And all I'm saying is that had they gone long last night, they would have made money instead. Of course, they shouldn't be too greedy (if they've learned anything from the previous crash), but I don't believe the FOMOs are as dumb as you think.

 

[Specterx]

Before you get too crazy again... do you hear that sound? Tick..tick..tick.. (Tether)

Speaking as a longtime skeptic, at this point Tether is a non-issue. The serial con-men and fraudsters who created it gambled everything and won the jackpot, they are now billionaires; SBF made the same bet and lost, CZ came out a bit ahead. Them's the breaks.

At this stage ETF demand means that Tether manipulation is no longer necessary to ramp the BTC price, a major "run on the bank" is unlikely for the same reason, and any hole in the reserves large enough to matter has probably been closed by several years of 5% earnings on T-bills.

Whatever "tether collapse discount" you were assigning to crypto should at this stage be priced out.