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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is online now
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Bitcoin Take?
The natural evolution of money is Bitcoin

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Old 06-13-2022, 10:10 AM   #3751
ghak99 ghak99 is offline
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Those poor NFT buyers.

I kind of want a piece of this action near the bottom, but no one seems to have any idea what the low might be.
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Old 06-13-2022, 10:21 AM   #3752
TLO TLO is offline
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So now is the time to buy?
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Old 06-13-2022, 10:21 AM   #3753
Peter Gibbons Peter Gibbons is offline
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Quote:
Originally Posted by ghak99 View Post
Those poor NFT buyers.

I kind of want a piece of this action near the bottom, but no one seems to have any idea what the low might be.
I don’t believe any of these cryptos will go below zero in value. I could be wrong, but that’s my best guess as of now.
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Old 06-13-2022, 12:04 PM   #3754
BossChief BossChief is offline
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Quote:
Originally Posted by ghak99 View Post
Those poor NFT buyers.

I kind of want a piece of this action near the bottom, but no one seems to have any idea what the low might be.
last time cryptos crashed, Ethereum dropped below 100 and Bitcoin fell below 5k before skyrocketing.

If this is another market play/cash grab, another big rise is to be anticipated but the timing of it would be a total guess with todays economy.

Quote:
Originally Posted by Hank Hill View Post
So now is the time to buy?
2 philosophies

1) never try to catch a falling knife

2) if we are due a major correction based on 40% of the whole bear market based on peak to valley, we’re talking about a fall from 65,000 down to 22k…a 43k fall…we would anticipate a climb to roughly 40k for a correction cryptos have had in the past. Tons of risk, but no risk no reward.
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Old 06-13-2022, 12:13 PM   #3755
BigBeauford BigBeauford is offline
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Some big crypto platforms are halting withdrawals today.
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Old 06-13-2022, 03:29 PM   #3756
Stewie Stewie is online now
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Some big crypto platforms are halting withdrawals today.
Yeah. BTC said they had a single huge withdrawal that was tying up the system. They thought it would clear in 30 minutes, but took longer.
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Old 06-13-2022, 04:34 PM   #3757
TLO TLO is offline
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Can it drop to like a thousand dollars? Then I might buy a couple.

Thanks
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Old 06-13-2022, 05:04 PM   #3758
BWillie BWillie is online now
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Old 06-13-2022, 07:32 PM   #3759
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by Stewie View Post
Yeah. BTC said they had a single huge withdrawal that was tying up the system. They thought it would clear in 30 minutes, but took longer.
Yeah, I screwed things up for people, Next time I'll try to just get a little out at a time. My Bad!
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Old 06-13-2022, 07:54 PM   #3760
Chazno Chazno is offline
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Bye bye 21k
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Old 06-13-2022, 07:55 PM   #3761
lewdog lewdog is offline
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Quote:
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Can it drop to like a thousand dollars? Then I might buy a couple.

Thanks
I'd probably dabble around the 2k mark.
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Old 06-13-2022, 08:08 PM   #3762
Stewie Stewie is online now
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This is the conundrum for anything volatile.

Were you a buyer at 30k, or a buyer at 5k? Buyers above 30k are screwed for now.

I can see 5k buyers selling a portion now.

30k buyers hope 5k buyers don't take big profits now.

Fun times.
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Old 06-13-2022, 08:27 PM   #3763
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Old 06-13-2022, 09:01 PM   #3764
Hog's Gone Fishin Hog's Gone Fishin is offline
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And in 6 months when this is 90K everybody will be wishing they bought at 20K.

Same story over and over.
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Old 06-13-2022, 09:04 PM   #3765
Stewie Stewie is online now
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Quote:
Originally Posted by Hog's Gone Fishin View Post
And in 6 months when this is 90K everybody will be wishing they bought at 20K.

Same story over and over.
Buy now, buy now!

What's another $1500 correction when it's going to 90k?
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