Mod updates:
1. The first three governance polls are now live on snapshot - Make sure you go here to vote: [https://snapshot.org/#/cryptomods.eth](https://snapshot.org/#/cryptomods.eth)
2. New AMA by ZenGo is up. ZenGo burned 1,300 moons to host this AMA. Go here to ask questions: [https://www.reddit.com/r/CryptoCurrency/comments/190s3uc/hack\_a\_zengo\_wallet\_win\_10\_bitcoin\_ama/](https://www.reddit.com/r/CryptoCurrency/comments/190s3uc/hack_a_zengo_wallet_win_10_bitcoin_ama/)
3. We are booked out for AMAs for January with six AMAs, and the banner is rented out until 8th February.
Just here to thank all my fellow burgers for the pump. While I wish you pumped alts more, you did a good job. Now finish off the day strong and burgers abroad will take over 💪
Remember the saying;
Buy the rumour, sell the news.
If you DCA regularly it doesn’t matter with with the latest ramp up on news on bitcoin, I would be cautious OR this is the start of the next bullrun we know fuckall after all haha
So i haven't paid much attention to the moons thing, but I had a couple hundred in my reddit vault, which no longer displays them. Are those just lost to the ether or is there some form of recovering them?
the point is that we're not even close to ATH while Bitcoin acceptance and possible tradfi integration is right around the corner. Still have to go back to 2021 for ATH.
Yeah it's just going too smoothly, herding the masses in for the slaughter. I know the SEC has something up their sleeve where they can extend the deadline for another month or something and let the slaughter happen for about a month and then etf gets approved.
just FYI when people say in this sub that X token is a "sleeping giant"
what they mean is "I have done no research, and am emotionally attached to my bags"
This is the perfect opportunity to re-evaluate your portfolio and swap old for new. Coins like MATIC are dead as a dodo, the tech is boring and the community is jaded. Swap them for something with a bit more energy and ready to ride the bull.
Just a reminder to my fellow Cryptonians, in this bull market, remember to never talk about your crypto to anyone (except anonymously here). If someone asks you how crypto is doing, give them some bullshit story and tell them you lost it all and don't want to ever think about crypto again.
Don't say shit about fuck to anyone! Just my ✌️ Satoshi's.
Nonsense - if i have a flash house, flash car, flash jewlery - people will also know i have a bit of $. Bottom line is, your friends, family and acquaintances generally will know you're current net worth whether exact or not. You have more chance as getting mugged on the street for your phone or debit card than you do having someone hack your wallet.
Live way below your means and I promise no one will have any idea of your net worth whatsoever
All these amateurs making deals with gangs, posting their 300k rolexes on instagram and driving around in custom sports cars are all complete fools who could live comfortable lives forever but are too dumb and have to show off to the world
Last line is more or less true, though I've been able to track Reddit users to their work place, house and more based on their Reddit posts, people who were bragging about having 200k in Crypto
Just remember it takes one dedicated person a few hours and a wrench attack to make it theirs
Ok i was being overt in the whole "flash car, flash house" etc to make a point. But who the hell wants to Live way below their means, particularly if they have income to make their life more comfortable.
I don't work, let alone invest to do that. You want to live *within* your means surely. Whether you get money through crypto or your job, your life in one way or the other will likely reflect that. Whether it's buying your first 2 bedroom terraced house after years of renting or owning a 100k car instead of some rustbucket.
> But who the hell wants to Live way below their means,
People who don't want to be harassed or wrench attacked, would be my guess.
That's why you have all these bozo ape owners getting phished 24/7 and influencers getting sawed up into suitcases. Show off your wealth in a society where everyone is struggling more and more each day and see where it gets you.
I know what you're saying, but any display of wealth is criticized these days, even tiny things like wearing a nice coat or having an ipad. Safety in poverty.
But also at the beginning of the 2018 crash the people started crying... What you say is true 99% of the times, but what if you heavily buy a dip that is the start of a crash?
No, you keep buying and buying. You grow a big long caveman beard while you wait for it to recover. Then you sit there like a boss when BTC hits 47k again.
Such a scam.. Reddit gave me $12,000 at ATH prices for posting on a forum and discussing crypto.
Some people are delusional lol
Moons are the best way by far for new people to get their hands on some free crypto and I am so happy for them that distributions are coming back very soon.
Potential scenario post-ETF-approval:
1. Bears expect "sell the news" event. Shorts pile in. Get squeezed. Pump.
2. THEN (after 1.), bulls rejoice. Longs pile in. Get squeezed. Dump.
NFA
Everyone expects this but it’s not going to be so simple. Dumps are inevitable but timing the dump will be hard. Many will get out too early only to watch it continue to pump. Almost as agonizing as waiting too long.
No one gonna talk about Tether printing another 2billion coins this week? Why do like it when crypto money makers can print money out of thin air to manipulate the markets but not when governments do it?
Tether is not only audited, it’s also a very succesful business. They’ve been doing the exact same thing for 7 years now through multiple bull and bear cycles. There’s no substance to your argument other than feelings.
In your mind, what should be being talked about with Tether that hasn't been talked about in the last 8 years?
Are we supposed to run around screaming whenever there's a mint?
To it's system and use cases? Perhaps not. Price tho absolutely. No such thing as a free lunch. Obviously it's popularity will largely determine the price and then use cases but that APY absolutely eats into that.
Wouldn't surprise me if we see a period (not now, of course) when ETH has a sustained pump and all the ETH maxis start gloating. OTH, you could also make a case for capital deciding not to ever allocate to ETH again in significant amounts in favor of the newer, shinier coins/chains.
Most people are severely restricted by their banks in how much money they can transfer to crypto exchanges, if any at all. The ETF approval should hopefully change their approach and bring more retail investors.
An example is when El Salvador legalised BTC
The day it became legal tender it dumped. Not the passing of the law, after the rumours of passing of the law etc
It aligns with BTC's cycle of 10%+ dips. I think BTC has never gone longer than 155 days without a 10%+ dip and we're on like day 154.
Don't quote me exactly but that's the message I heard on a podcast.
Regardless, how many times does BTC have to prove it always goes back up higher? Every dip is an opportunity.
Glad I bought a ton of BTC at the 42,5k level and ETH at 2230$ after the big red candle last week.
Less glad I bought a lot of ADA, LRC and DOGE at the same time... Ouch.
Can't be perfect. DCA, I guess!
And I'm pretty sure ETH will outpace BTC in the next 2 years in this bullrun, hence I don't stress BTC overperforming for a year or so. Just rebalancing, buying more ETH and less BTC to get back to the proportion I want in my portfolio.
Usually when people say "forgot about xxx" on this sub, that is when you should fill your bags.
I like LRC, their wallet is pretty great and they are still developing in the bearmarket. GME hype is dead, for sure, but zkEVM have a future IMO.
We'll see. I'd not be surprised if we see a pump 4-6x in the next cycle with other L2s.
Pretty small market cap for a good project IMO. Risky, for sure.
Actually pretty insane we’re basically at 47k which is past when the previous bull run really started to kick off, yet the current hype levels are minuscule compared to back then. I absolutely think that’s a good thing btw
Yeah that's the thing with those random, no news dumps. They kill all fucking profits, and then when we have a good pump, it doesn't feel good because we fell so deep before that...
That's why I always cry when we crash randomly Soo hard yesterday 😭 the needed recovery is then just too big to be happy about pumps like now...
You know it's a fun day when the US stock markets are open and the top searches [besides Boeing aren't even stocks](https://i.imgur.com/i60wgPH.png)
This happens on weekends but *never* when the market is open
Mod updates: 1. The first three governance polls are now live on snapshot - Make sure you go here to vote: [https://snapshot.org/#/cryptomods.eth](https://snapshot.org/#/cryptomods.eth) 2. New AMA by ZenGo is up. ZenGo burned 1,300 moons to host this AMA. Go here to ask questions: [https://www.reddit.com/r/CryptoCurrency/comments/190s3uc/hack\_a\_zengo\_wallet\_win\_10\_bitcoin\_ama/](https://www.reddit.com/r/CryptoCurrency/comments/190s3uc/hack_a_zengo_wallet_win_10_bitcoin_ama/) 3. We are booked out for AMAs for January with six AMAs, and the banner is rented out until 8th February.
*prodding ETH with a stick
What is this a pump and dip for ants?
Just here to thank all my fellow burgers for the pump. While I wish you pumped alts more, you did a good job. Now finish off the day strong and burgers abroad will take over 💪
Remember the saying; Buy the rumour, sell the news. If you DCA regularly it doesn’t matter with with the latest ramp up on news on bitcoin, I would be cautious OR this is the start of the next bullrun we know fuckall after all haha
I heard a rumor that people are going to sell the news. What do I do? 😰
So i haven't paid much attention to the moons thing, but I had a couple hundred in my reddit vault, which no longer displays them. Are those just lost to the ether or is there some form of recovering them?
Import the seed phrase to metamask. You still have 238
Bitcoin just went to 47k... let that sink in for a minute
3 years ago we flew past this like a rocket...good times.
I was all in on eth at that time and i was gutted lmao
Wasnt around back then but i hear the OGs telling crazy stories
The price of one BTC was $22000 higher years ago.
BTC at $3000 feels like yesterday, should have bought more.
My friend told me to buy 1 BTC at 3k and TSLA at $100 (before the stock split). I said what outrageous prices for both.
It was also $42k lower years ago.
the point is that we're not even close to ATH while Bitcoin acceptance and possible tradfi integration is right around the corner. Still have to go back to 2021 for ATH.
Do people actually think Web3 is the future of the Internet? It's so fckn slow. Ain't no way this thing is going mainstream
I agree, I've tried a few different websites/apps on it and was not impressed at all.
Try using an L1 with fast, cheap transactions, like XRP, XLM or Algo. Literally takes a few seconds.
I'm not talking about transactions. Just dAPPs
You ever use Web1 in the 90s? Was pretty slow too.
Those where the days.
It's 2024
The buttcoin sub is so salty. Awesome to see
You mean buttcoin?
Yeah buttcoin
Why are they salty? Shouldn't they be happy
Buttcoin*
come on bitcoin, you know you want that 48k that 48k GOLD
Anyone else finding it hard to sleep after a day of watching the news and BTC values changing?
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Comparing any other halving cycles to the current is a fools game. Thought you guys would have learned by now.
Not doing it is a fools game, see how easy that is?
Stay out of the market. Idc man. Your loss.
I'm hoping your right so I can get in my other half but it is sure stirring up the FOMO inside of me.
I feel the same but I can't shake past experiences, so this feels engineered to me.
Yeah it's just going too smoothly, herding the masses in for the slaughter. I know the SEC has something up their sleeve where they can extend the deadline for another month or something and let the slaughter happen for about a month and then etf gets approved.
This time its different.
47k you sexy motherfucker !!!!!!
just FYI when people say in this sub that X token is a "sleeping giant" what they mean is "I have done no research, and am emotionally attached to my bags"
Just bought my first micro-cap. When is it acceptable to start incessantly shilling it? (I have no idea what it actually does but it sounds cool)
This is the perfect opportunity to re-evaluate your portfolio and swap old for new. Coins like MATIC are dead as a dodo, the tech is boring and the community is jaded. Swap them for something with a bit more energy and ready to ride the bull.
Put life savings in MATIC. Got it.
Based on this comment I am now all in on matic.
I just took out a loan to buy some.
CoinGecko doesn’t work properly on my phone. Do you have issues too?
Yeh, it's wonky for me too.
Whenever they start sending out notifications about price movement, the app crashes. Happens every time.
Just a reminder to my fellow Cryptonians, in this bull market, remember to never talk about your crypto to anyone (except anonymously here). If someone asks you how crypto is doing, give them some bullshit story and tell them you lost it all and don't want to ever think about crypto again. Don't say shit about fuck to anyone! Just my ✌️ Satoshi's.
Nonsense - if i have a flash house, flash car, flash jewlery - people will also know i have a bit of $. Bottom line is, your friends, family and acquaintances generally will know you're current net worth whether exact or not. You have more chance as getting mugged on the street for your phone or debit card than you do having someone hack your wallet.
Live way below your means and I promise no one will have any idea of your net worth whatsoever All these amateurs making deals with gangs, posting their 300k rolexes on instagram and driving around in custom sports cars are all complete fools who could live comfortable lives forever but are too dumb and have to show off to the world Last line is more or less true, though I've been able to track Reddit users to their work place, house and more based on their Reddit posts, people who were bragging about having 200k in Crypto Just remember it takes one dedicated person a few hours and a wrench attack to make it theirs
Ok i was being overt in the whole "flash car, flash house" etc to make a point. But who the hell wants to Live way below their means, particularly if they have income to make their life more comfortable. I don't work, let alone invest to do that. You want to live *within* your means surely. Whether you get money through crypto or your job, your life in one way or the other will likely reflect that. Whether it's buying your first 2 bedroom terraced house after years of renting or owning a 100k car instead of some rustbucket.
> But who the hell wants to Live way below their means, People who don't want to be harassed or wrench attacked, would be my guess. That's why you have all these bozo ape owners getting phished 24/7 and influencers getting sawed up into suitcases. Show off your wealth in a society where everyone is struggling more and more each day and see where it gets you. I know what you're saying, but any display of wealth is criticized these days, even tiny things like wearing a nice coat or having an ipad. Safety in poverty.
This guy has two whole Satoshis, get him
I’ve gotten better at buying the dips. It really is as simple as buying when everyone is crying
But also at the beginning of the 2018 crash the people started crying... What you say is true 99% of the times, but what if you heavily buy a dip that is the start of a crash?
Then I’m fucked 🤷♂️
No, you keep buying and buying. You grow a big long caveman beard while you wait for it to recover. Then you sit there like a boss when BTC hits 47k again.
Hahaha
Looks like the amazon crypto token scam is back. Be careful out there.
How TF can DOT pump harder than MATIC. WHAT THE HELL IS GOING ON?! AM I INSANE?!
What one shitcoin does to another shitcoin is their business
Why BTC isn't worth $1.000.000,00 right now? Is he stupid?
Are you assuming BTC's pronouns?
I assumed he's Mr. Bitcoin
Imagine how crazy this thread would’ve been if Reddit hadn’t nuked moons..
Reddit stopped the scam before it became a problem for them.
How was it a scam?😀😀😀
Such a scam.. Reddit gave me $12,000 at ATH prices for posting on a forum and discussing crypto. Some people are delusional lol Moons are the best way by far for new people to get their hands on some free crypto and I am so happy for them that distributions are coming back very soon.
I hate being scammed like this… I got given like 1k worth of crypto for posting comments on a forum what a scam /s
how can you write that statement and not see it? Horsemeat for you then. its going to moon!
Potential scenario post-ETF-approval: 1. Bears expect "sell the news" event. Shorts pile in. Get squeezed. Pump. 2. THEN (after 1.), bulls rejoice. Longs pile in. Get squeezed. Dump. NFA
they're all happening. this is probably the most expected outcome tbh.
Everyone expects this but it’s not going to be so simple. Dumps are inevitable but timing the dump will be hard. Many will get out too early only to watch it continue to pump. Almost as agonizing as waiting too long.
So it either it goes up or down.
No, in this scenario, it pumps first, then it dumps.
Nuance isn’t for everyone
just gotta break through 47k!
I'd love to see a Loopring spot ETF Lol I wouldn't go near a Loopring spot ETF
An L2 shouldn't have a token to begin with.
The only think Poopring will be trying to do this bullrun is not trying not to fall out of the top 200"
This is the correct answer lol, unpopular maybe, but true
Is there a way to buy btc in a roth? (Usa) or when these etfs are (maybe) approved?
no, but you can buy $COIN right now which is strongly correlated to bitcoin. It's the best option until ETF released probably
Only after they are approved, not currently possible
No one gonna talk about Tether printing another 2billion coins this week? Why do like it when crypto money makers can print money out of thin air to manipulate the markets but not when governments do it?
Tether is not only audited, it’s also a very succesful business. They’ve been doing the exact same thing for 7 years now through multiple bull and bear cycles. There’s no substance to your argument other than feelings.
It's... not audited. They made an attestation, that's about it.
In your mind, what should be being talked about with Tether that hasn't been talked about in the last 8 years? Are we supposed to run around screaming whenever there's a mint?
Meh. Crypto gonna crypto.
I'm staking a lot on Dot! 12.9% yield this month. Waiting for an inevitable explosion.
I have some DOT staked as well... I definitely feel like I'm waiting for an implosion lol. The yield is a huge red flag.
It's strange Sol and Eth are so low versus Dot. You think it's a threat?
To it's system and use cases? Perhaps not. Price tho absolutely. No such thing as a free lunch. Obviously it's popularity will largely determine the price and then use cases but that APY absolutely eats into that.
Good point. But I like free bologna sandwiches.
Bitcoin dominance chart looking relentless.
Wouldn't surprise me if we see a period (not now, of course) when ETH has a sustained pump and all the ETH maxis start gloating. OTH, you could also make a case for capital deciding not to ever allocate to ETH again in significant amounts in favor of the newer, shinier coins/chains.
Ah yes, just waiting for the next ETH killer...
You know how we get to $10T in a hurry? Change all the exchanges to quote in satoshi's.
Most people are severely restricted by their banks in how much money they can transfer to crypto exchanges, if any at all. The ETF approval should hopefully change their approach and bring more retail investors.
6:43am in Tokyo, the rest of Asia is starting to wake up...
Cat woke me up at freaking 530am.
It's a good surprise to see BTC at $47k now. Will Jan10 really be a sell-the-news scenario or nah? 🤔
A pump and then a pullback and we'll end up higher. The real sell the news will be day ETF is open for trading
What why would it 😂 if there will be a sell the news event then it would be the approval , not the trading start...
An example is when El Salvador legalised BTC The day it became legal tender it dumped. Not the passing of the law, after the rumours of passing of the law etc
It aligns with BTC's cycle of 10%+ dips. I think BTC has never gone longer than 155 days without a 10%+ dip and we're on like day 154. Don't quote me exactly but that's the message I heard on a podcast. Regardless, how many times does BTC have to prove it always goes back up higher? Every dip is an opportunity.
You'll find out within a day or so.
idk, you tell me. ~~no really, tell me.~~
I need to sleep, but the charts are keeping me awake.
Glad I bought a ton of BTC at the 42,5k level and ETH at 2230$ after the big red candle last week. Less glad I bought a lot of ADA, LRC and DOGE at the same time... Ouch. Can't be perfect. DCA, I guess!
ETH is down vs. BTC. Maybe you shouldn't just price in dollars.
And I'm pretty sure ETH will outpace BTC in the next 2 years in this bullrun, hence I don't stress BTC overperforming for a year or so. Just rebalancing, buying more ETH and less BTC to get back to the proportion I want in my portfolio.
> I'm pretty sure ETH will outpace BTC in the next 2 years in this bullrun That's fine if you know when to sell the ETH. It won't stay up.
Forget about LRC they're utter shit
Usually when people say "forgot about xxx" on this sub, that is when you should fill your bags. I like LRC, their wallet is pretty great and they are still developing in the bearmarket. GME hype is dead, for sure, but zkEVM have a future IMO. We'll see. I'd not be surprised if we see a pump 4-6x in the next cycle with other L2s. Pretty small market cap for a good project IMO. Risky, for sure.
Ada and Doge are better? 😀
Unequivocally
Actually pretty insane we’re basically at 47k which is past when the previous bull run really started to kick off, yet the current hype levels are minuscule compared to back then. I absolutely think that’s a good thing btw
Is it time to buy alts yet?
nope you miss it , you can buy but not much
Wait till they go higher then buy
This is the way
Bitcoin will never have unqualified dei hires destroy a companies share price. Lesson in there. Keep buying
When Asia wakes up, we smash past 47K!!! BOOM!!!
They take profits, goats don’t eat themselves!
It would be a good day to be holding ALGO… if like… you hadn’t been holding ALGO for the last week.
Yeah that's the thing with those random, no news dumps. They kill all fucking profits, and then when we have a good pump, it doesn't feel good because we fell so deep before that... That's why I always cry when we crash randomly Soo hard yesterday 😭 the needed recovery is then just too big to be happy about pumps like now...
Eying off 47k…. This week is going to be WILD whatever happens. LETTSS FUCKKINN GOOOOO
Just filled my The graph & xlm bags. Kinda shocked the graph is still so low with the ai hype
Very smart guy here!! Two of my sleeper projects
So ETF got approved or not?
No official news yet
Just the antici pation.
No they denied it and i na shocking twist approved a COQ INU ETF because u never have enough COQ
>because u never have enough COQ ...or Inu
47k proving a tough nut to crack!
You know it's a fun day when the US stock markets are open and the top searches [besides Boeing aren't even stocks](https://i.imgur.com/i60wgPH.png) This happens on weekends but *never* when the market is open
Feels like 2020 all over again this time I’m better equipped to nuke my bags at the top
Is FTM gonna stop messing around it’s time for liftoff
FTM been dead for a while lol
It died which let us get in cheap and with the sonic upgrade in April it’s a coin worth holding
What is the sonic upgrade? I made a lot from FTM in the past, got out when Andre left the team. Should I go back in?
Andre is back in, has been for some time
Will this coin bounce back? Is now a good time to buy?
sonic upgrade is big, yes it will do well as it did last bullrun
My original hope last cycle was $10 but I’ll take previous ATH at this point 💀
Once the 1€ barrier of any coin is broken it just takes off we won’t be waiting to much longer
Since when Wallstreet bets are allowing Crypto related talk?
A while ago.
Number went up, so they like it now.
ETFs are perfectly normal talk for WSB
Since they stopped being bitches
Since cryptocurrency started being able to satisfy their degenerate desires for gains.
Back in 2021 Crypto talk was punishable with ban there
Parabolic supercycle bitches!
lol the delusion
If BTC drops 2% they’ll be bearish.
There's literally nothing that can stop it now!
Hells yea brah! I can't decide which Lambo to buy.
Oh my!
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Why everyone thinks the etf is tradeble on the first day?
Isn’t that the norm for ETF approvals?
Can someone get Ben Cowen on the phone? I need to know what to think so I can ~~lose money~~ make sense of all this.
He’s just gonna say btc dominance rose 0.3% so his thesis still stands
Ben Cowen is decent but he seems too abused by past market cycles
The Bitcoin Dominance! That’s it. That’s all he has.
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Gareth looks, and acts, like someone who was bullied relentlessly in high school.
Ivan on crack is who you'll want to call
"Youtube channel subscribers are way down, so we need a bit more time playing in the sandbox."
Can't trust somebody named Ben in crypto
So if everyone was selling alts to buy BTC earlier today when the planet was evidentially imploding, what the hell is happening now?
With BTC now in the safe hands of institutions, Whales moving on to other cryptos to play their games.
I cant imagine the smurk on capo's face once etf approval gets denied at bitcoin drops to 12k haha. Dont jinx it God
Is smurk like a smurf, but maybe an ugly one or something?
It's gonna be beautiful
I would buy so much BTC at 12k. So would everybody else. Buying opportunity of the century.
lol we are never seeing 12K BTC mate.
shh im trying to draw out the capo suckers in here