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-   -   Money Bitcoin Take? (https://www.chiefsplanet.com/BB/showthread.php?t=270065)

ghak99 06-13-2022 10:10 AM

Those poor NFT buyers. ROFL

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.

TLO 06-13-2022 10:21 AM

So now is the time to buy?

Peter Gibbons 06-13-2022 10:21 AM

Quote:

Originally Posted by ghak99 (Post 16331354)
Those poor NFT buyers. ROFL

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.

BossChief 06-13-2022 12:04 PM

Quote:

Originally Posted by ghak99 (Post 16331354)
Those poor NFT buyers. ROFL

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 (Post 16331376)
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.

BigBeauford 06-13-2022 12:13 PM

Some big crypto platforms are halting withdrawals today.

Stewie 06-13-2022 03:29 PM

Quote:

Originally Posted by BigBeauford (Post 16331597)
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.

TLO 06-13-2022 04:34 PM

Can it drop to like a thousand dollars? Then I might buy a couple.

Thanks

BWillie 06-13-2022 05:04 PM

Hell ya get low baby

Hog's Gone Fishin 06-13-2022 07:32 PM

Quote:

Originally Posted by Stewie (Post 16331938)
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!

Chazno 06-13-2022 07:54 PM

Bye bye 21k

lewdog 06-13-2022 07:55 PM

Quote:

Originally Posted by Hank Hill (Post 16332049)
Can it drop to like a thousand dollars? Then I might buy a couple.

Thanks

I'd probably dabble around the 2k mark.

Stewie 06-13-2022 08:08 PM

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.

BigRichard 06-13-2022 08:27 PM

https://i.imgflip.com/4e4z8i.jpg

Hog's Gone Fishin 06-13-2022 09:01 PM

And in 6 months when this is 90K everybody will be wishing they bought at 20K.

Same story over and over.

Stewie 06-13-2022 09:04 PM

Quote:

Originally Posted by Hog's Gone Fishin (Post 16332443)
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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