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Old 18th February 2021, 11:48     #521
blynk
 
Quote:
Originally Posted by Nich
hold onto your butts....
Coz we are all about to be reamed?
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Old 18th February 2021, 12:45     #522
Nich
 
I'd much prefer a bit of reaming to atone for the Elon pump. However, I got a feeling we are now entering the "Boomers bragging about how much they can buy at high prices" phase.
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Old 18th February 2021, 13:00     #523
Nich
 
Ethereum , BTC Bus Station

https://txstreet.com
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Old 23rd February 2021, 06:59     #524
blynk
 
Weeeeeeee

I was so close to selling a chunk because I really felt there was going to be a dip to where I could buy again.

BTC was only about $500 off my artificial mark.
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Old 23rd February 2021, 11:29     #525
Ab
A mariachi ogre snorkel
 
Biggest 1-day drop in history and itís already old news.
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Old 23rd February 2021, 11:52     #526
Nich
 
US Stock market rinsing off, then continuing its dollar inflation march. It's just taking Bitcoin down with it.

However, Silver stocks zig while the stock market zags. Interesting. Getting a little decoupled from "finance"
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Last edited by Nich : 23rd February 2021 at 11:55.
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Old 23rd February 2021, 20:17     #527
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by Nich
I'd much prefer a bit of reaming to atone for the Elon pump.
Your wish is granted! A sea of red out there this evening. The coins I care about are all down by 12-18%.
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Old 23rd February 2021, 21:33     #528
Nich
 
It's turning into a proper bleed out of paper hands. I feel sufficiently flagellated
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Old 23rd February 2021, 23:18     #529
Ab
A mariachi ogre snorkel
 
My big chunk of crypto was the ETH I sold back last winter during COVID lockdown. Now I'm more risk averse and my new little portfolio is more diversified. The coins I care about now are Stellar, Ethereum, Cardano, Binance Coin, OG BTC, Compound (and Celo but really long term) basically in that order.

From today's blip my three that took the biggest hits were Stellar, Compound, and Ethereum in that order. The three that seem to be bouncing back the fastest are Binance Coin, Stellar, and Cardano in that order - all of them moving reassuringly in the past 60 mins.

If I'd been trying to day trade today I would have been buying at the top and selling at the bottom of so many little movements that I would have been reamed. Praise be to Jonas for his advice back in January to quit that shit.
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Old 24th February 2021, 02:06     #530
DrTiTus
HENCE WHY FOREVER ALONE
 
Wink

From a mining perspective, every time the price drops a bit, people appear to be bidding higher (in Satoshis) for the hashing power so I've been seeing better BTC payouts.
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Old 24th February 2021, 08:10     #531
pxpx
 
Oh cool Binance just converted all of my BTC to ETH without telling me.
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Old 24th February 2021, 09:44     #532
Nich
 
Quote:
Originally Posted by pxpx
Oh cool Binance just converted all of my BTC to ETH without telling me.
really? For your safety? Lemme guess, they converted it to BNB ?
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Old 24th February 2021, 10:32     #533
Ajax
Architeuthis
 
Binance knows what is best for your portfolio. Trust in Binance.

(Caution: loss of funds may occur)
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Old 24th February 2021, 12:21     #534
pxpx
 
Nope, but converted back, lost a little on the conversion rate and now out of binance into a wallet.
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Old 24th February 2021, 12:48     #535
blynk
 
So I guess Elon was again the maker of this fall?

If he can comment and make things go up, he can comment and make things go down. Saying that its was too high.
But it was a weird comment for him to make after Tesla buying BTC
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Old 24th February 2021, 12:55     #536
Nich
 
We can attribute random news to the drop (Elon, Janet Yellen, Bill Gates, stock market correlation). It rose too high too quick and everyone's target jumped from $50k to $100k. Super greed, while everyone was expecting a pull back anyway so it was just a stand off seeing who would make the first move.
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Old 24th February 2021, 13:01     #537
Ajax
Architeuthis
 
The drop is mainly because miners using F2Pool dumped 3633 BTC onto the market in a single transaction.
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Old 24th February 2021, 14:58     #538
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by pxpx
Oh cool Binance just converted all of my BTC to ETH without telling me.
wtf?
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Old 24th February 2021, 16:31     #539
Know me.
 
Quote:
Originally Posted by Ajax
The drop is mainly because miners using F2Pool dumped 3633 BTC onto the market in a single transaction.
But Ajax, the Bitcoin market is so liquid how could a single transaction drop the price by so much!
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Old 24th February 2021, 17:25     #540
Ajax
Architeuthis
 
Quote:
Originally Posted by Know me.
But Ajax, the Bitcoin market is so liquid how could a single transaction drop the price by so much!
Thereís plenty of Monopoly money liquidity (USDT) but much less real liquidity (USD). Thatís why a mining pool cashing out for fiat moves the market this way.
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Old 24th February 2021, 22:02     #541
pxpx
 
Quote:
Originally Posted by Ab
wtf?
Yep, I've got 2FA enabled, didn't get any notifications of logins from strange devices - and I was offline at the time (though the transaction times don't appear to be timezoned) - 4 transactions (2 within a minute of each other) over a few minutes.
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Old 25th February 2021, 10:59     #542
Ab
A mariachi ogre snorkel
 
Did you get charged fees? Has Binance responded at all? That's fucked up.
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Old 25th February 2021, 13:53     #543
Lightspeed
 
DAI is doing very well by the looks of things.
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Old 25th February 2021, 14:02     #544
pxpx
 
Quote:
Originally Posted by Ab
Did you get charged fees? Has Binance responded at all? That's fucked up.
Yea really tiny amounts of ETH (the overall volume of crypto I have is small). And no response yet to my support inquiry.
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Old 25th February 2021, 21:09     #545
Ab
A mariachi ogre snorkel
 
Quote:
Originally Posted by Lightspeed
DAI is doing very well by the looks of things.
DAI the stablecoin tethered to the US Dollar?
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Old 25th February 2021, 22:02     #546
Lightspeed
 
Yeah, it's offering interest accounts at some good rates.
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Old 26th February 2021, 10:59     #547
Ab
A mariachi ogre snorkel
 
Ouch.

https://etherscan.io/tx/0x5877b570af...e1bf19d5643c31
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Old 27th February 2021, 13:51     #548
Ab
A mariachi ogre snorkel
 
In other news, Cardano just moved into the #3 spot. Pumping this week.
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Old 27th February 2021, 14:28     #549
Nich
 
ow that tx fee! gobble gobble.

Good luck to anyone trading today. Price has jumped between $48k and $44k almost 3 times in 24 hours. Big shake out.

Gotta respect the dollar when it flexes. But Biden will usher in another $1.9T soon so all will be good in asset land.
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Old Yesterday, 14:41     #550
Nich
 
Bitcoin weekly chart sure does rhyme with October 2017 chart right now...
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