Author Topic: Cryptocurrency Master Thread (Read 222564 times)

Phil Titola · « **Reply #2200 on:** December 30, 2020, 09:23:11 PM »

Quote from: KITNfury on December 30, 2020, 09:20:48 PM

Quote from: Phil Titola on December 30, 2020, 08:44:53 PM
I'm already not happy about filing my taxes, I can't imagine being DBT.
You don't like paying taxes on investment income you say? Hmmm

Just tracking all the transactions. I use cointrscking but plug transactions manually so it's kind of messy.

DaBigTrain · « **Reply #2201 on:** December 30, 2020, 09:24:35 PM »

Quote from: Phil Titola on December 30, 2020, 08:44:53 PM

I'm already not happy about filing my taxes, I can't imagine being DBT.

It's a rough ridin' nightmare but what I get out of it makes it completely worth it.

DaBigTrain · « **Reply #2202 on:** December 30, 2020, 09:26:49 PM »

Quote from: wetwillie on December 30, 2020, 07:20:38 PM

Quote from: DaBigTrain on December 30, 2020, 07:06:56 PM
Quote from: wetwillie on December 30, 2020, 07:01:18 PM
In 2017 you could buy ETH for $10. Can you imagine?
Can and did.

You told us all about this in 2017 too, lol feels bad man. I’ve still made a crap ton of money but damn what could have been.

I just spent the past ~30 min reliving some of the early pages of this thread!

DaBigTrain · « **Reply #2203 on:** December 30, 2020, 09:32:30 PM »

This strength is pretty impressive TBH

DaBigTrain · « **Reply #2204 on:** January 01, 2021, 08:29:53 PM »

Simple supply and demand. The halving matters. Now imagine when it gets cut in half again in 3.5 years.

https://twitter.com/cointelegraph/status/1345188062729564165

DaBigTrain · « **Reply #2205 on:** January 01, 2021, 09:33:26 PM »

Feels good being apart of the same sentiment as large players. I did sell some of my trading balance over $29k and did buy some small dips. With this strength I figured it wasn’t worth chancing it, so while I gained some sats, largely still same position I bought and moved off the exchange again. Gonna be parked for awhile before I think of trading again.

https://twitter.com/iamjosephyoung/status/1345208752991965184

KITNfury · « **Reply #2206 on:** January 02, 2021, 07:49:39 AM »

BTC over 31k.

DaBigTrain · « **Reply #2207 on:** January 02, 2021, 08:05:38 AM »

steve dave · « **Reply #2208 on:** January 02, 2021, 08:17:14 AM »

Sent from my iPhone using Tapatalk

steve dave · « **Reply #2209 on:** January 02, 2021, 08:43:18 AM »

Quote from: steve dave on December 30, 2020, 06:30:23 PM

You selling? Right before a bunch of shut ins get stimulus checks to spend on RH?

https://www.nbc12.com/2021/01/01/stimulus-direct-deposits-starting-arrive/

DaBigTrain · « **Reply #2210 on:** January 02, 2021, 10:08:16 AM »

Quote from: KITNfury on January 02, 2021, 07:49:39 AM

BTC over 31k.

Why settle for $31k when $32k is available?

wetwillie · « **Reply #2211 on:** January 02, 2021, 10:15:54 AM »

US is just printing money straight into BTC, a sight to behold.

DaBigTrain · « **Reply #2212 on:** January 02, 2021, 10:47:29 AM »

Quote from: DaBigTrain on January 02, 2021, 10:08:16 AM

Quote from: KITNfury on January 02, 2021, 07:49:39 AM
BTC over 31k.
Why settle for $31k when $32k is available?

Why settle for $32k when $33k is available?

KITNfury · « **Reply #2213 on:** January 02, 2021, 11:01:39 AM »

BTC obviously been going nuts. Feels stupid to buy now, but felt the same way $10k/coin ago.

wetwillie · « **Reply #2214 on:** January 02, 2021, 11:12:49 AM »

My god the money being thrown into the crypto space in general right now is insane

Phil Titola · « **Reply #2215 on:** January 02, 2021, 11:29:14 AM »

What percent of the US / world hold crypto? 2%? I want to know what elite company I'm keeping.

DaBigTrain · « **Reply #2216 on:** January 02, 2021, 11:30:15 AM »

Will be interesting to see if this holds true again with the limited supply. These are the types of corrections I’ve been trying to hit.

https://twitter.com/pladizow/status/1345411957222989824

Phil Titola · « **Reply #2217 on:** January 02, 2021, 11:34:25 AM »

Quote from: Phil Titola on January 02, 2021, 11:29:14 AM

What percent of the US / world hold crypto? 2%? I want to know what elite company I'm keeping.

14% in 2019

https://cointelegraph.com/news/number-of-americans-owning-crypto-doubled-in-2019-finder

kim carnes · « **Reply #2218 on:** January 02, 2021, 11:50:00 AM »

Quote from: wetwillie on January 02, 2021, 11:12:49 AM

My god the money being thrown into the crypto space in general right now is insane

You could say that about a lot of asset markets. Housing, stocks, etc and I doubt that its a good thing in the long run. To me it screams inflation (an unconventional form of inflation)

Spracne · « **Reply #2219 on:** January 02, 2021, 12:11:21 PM »

My God. Woke up this morning to discover we're all fabulously, ridiculously wealthy!

steve dave · « **Reply #2220 on:** January 02, 2021, 12:14:05 PM »

Quote from: Spracne on January 02, 2021, 12:11:21 PM

My God. Woke up this morning to discover we're all fabulously, ridiculously wealthy!

It feels so luxurious!

Sent from my iPhone using Tapatalk

KITNfury · « **Reply #2221 on:** January 02, 2021, 12:17:34 PM »

Quote from: kim carnes on January 02, 2021, 11:50:00 AM

Quote from: wetwillie on January 02, 2021, 11:12:49 AM
My god the money being thrown into the crypto space in general right now is insane

You could say that about a lot of asset markets. Housing, stocks, etc and I doubt that its a good thing in the long run. To me it screams inflation (an unconventional form of inflation)

Agree mostly. Being cash rich right now is probably not the best thing long term.

Phil Titola · « **Reply #2222 on:** January 02, 2021, 12:43:22 PM »

Quote from: Spracne on January 02, 2021, 12:11:21 PM

My God. Woke up this morning to discover we're all fabulously, ridiculously wealthy!

Ironically locked in my house with no fun way to spend it.

Kat Kid · « **Reply #2223 on:** January 02, 2021, 03:00:53 PM »

I'm poor again.

Kat Kid · « **Reply #2224 on:** January 02, 2021, 03:06:54 PM »

bought the dip.