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Bitcoin, Cryptocurrency, Blockchain, and You: Navigating the Future of Tech (a NeoGAF discussion thread)

Venom Snake

Member
We should get a mod to update this to be a crypto OT, maybe put it in the communities section.


Also, what are americans doing in regards to their eth? Are you going to diamond hands through to the other side of regulations and hope it gets relisted? Do you plan to sell/trade it before its declared a security once it goes 100% pos with shanghai? Or going to ride it through shanghai and put it on a dex later on once it gets delisted?


It is unlikely that ETH will be declared as a security. The SEC can't do shit.
 
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chlorate

Member
It seems pretty indisputable to me that most cryptos, including BTC, are securities, but the courts have been very harsh on federal regulatory agencies as of late.
 
It seems pretty indisputable to me that most cryptos, including BTC, are securities, but the courts have been very harsh on federal regulatory agencies as of late.
The legislation situation in the United States is terrible. Some states are at least encouraging it but all that's going to end up happening as we will be left behind as capital and capable individuals flee to more benevolent legal jurisdictions. It sucks.
 

HoodWinked

Member
Bitcoin rally pretty hard last couple days

gbC3fFN.png
 

Venom Snake

Member
200 is crazy. Id say 135k at the highest.

I wouldn't mind 135k to be honest.
What i wonder is whether the maximum price before the halving will be treated as the first top of two, or will history repeat itself and there will be another one in a year and a half from now? There are different narratives circulating around that topic.

I would prefer the latter scenario, because i don't feel comfortable selling half of my portfolio at the beginning or middle of a bull run. With players such as Blackrock in the picture, the post-halving crash may not take long enough to catch the dip before it rebounds pretty damn hard.

So if the bull market ends this year... God please make it 150k 🙏
 

b0uncyfr0

Member
Frankly, i'm not bothered. There are too many risks associated with selling imo. Especially if you're trying to stack more BTC.

Sure, you could buy back cheaper but with the ETF's and new inflows - we could stay around the 100 mark. Noone knows yet.

Personally, I dont need the money, therefore im not selling a single sat until its around 500K.
 
Every time i think its “too late” to buy bitcoin im surprised at how high it goes. Ill never say “it’s peaking any minute now” regarding this one lmao
It might be close to peak for now (or it could run another 50%, or more, or not), but BTC will certainly be measured in terms of millions of dollars, not thousands.
 
its peak for now. I want to buy in more but not at 100k a coin. Need it to drop back to 60's for a day lol so I can get more!
I've missed all the crypto hype but if it hits 60k I will happily buy one whole BTC - which is likely nothing compared to the tons of people who have multiple bitcoins!
 
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pel1300

Member
No one here DCA's bitcoin as a longterm asset?

Judging by comments ITT seems most here like to just time the market, buy it when it dips, sell when high, rinse repeat?

Most of the bitcoin enthusiasts I've been listening to encourage just buying it regularly (ie every month or every week) with any extra cash you don't need in the next 4 years, while ignoring the price fluctuations. And they also say to not sell it - just hold onto it not matter what.
 
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HoodWinked

Member
ya don't do this. they paid $800k in fees to send $13,000. Appears to have been some kind of a crypto swap gone wrong. Fees end up going to miners.



Transact link:
 
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Miyazaki’s Slave

Gold Member
ya don't do this. they paid $800k in fees to send $13,000. Appears to have been some kind of a crypto swap gone wrong. Fees end up going to miners.



Transact link:

Sitting on eth and the gas prices seem wonky as well...but I have never sold only mined/staked.

I am far too uneducated about the process to cash some out for a $10,000,000,000 pizza
 
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